Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: Malam90 on December 20, 2020, 03:19:37 AM

Title: Tax justice for crypto users: The immediate and compelling need for an amnesty
Post by: Malam90 on December 20, 2020, 03:19:37 AM
The United States Internal Revenue Service is blinded by its desire to defeat cryptocurrency. It rushes to enforcement without first thinking how best to get there. It has spent millions of taxpayer dollars training its personnel and procuring private contractors to uncover noncompliance by crypto users. The IRS is arming its people to aggressively enforce the tax laws applicable to cryptocurrency. All the while, it ignores “established” frameworks to help achieve tax compliance and collection on crypto transactions.

Source link= https://cointelegraph.com/news/tax-justice-for-crypto-users-the-immediate-and-compelling-need-for-an-amnesty-program