The U.S. Internal Revenue Service, the IRS, on financial and tax crimes in the rest of the world to cryptocurrencies He decided to send experts abroad to examine how countermeasures were taken.
According to local sources IRSfour senior investigators specializing in cybercrime. Singapore, Germany, Colombia And in Australia assigns task. Tax experts will inform the revenue agency for the pilot implementation planned for June-September 2023.
IRS spokesperson Carissa Cutrell explained the mandate, stating that the program will take 120 days:
“The experts we have assigned abroad will share examples with us to determine how we can prevent the use of cryptocurrencies in international financial crimes. We believe that the program will be successful if there is sufficient cooperation.”
Cryptocurrencies and Tax
Cryptocurrencies, which are decentralized by nature, are not under the control of any government. The fact that digital assets are very difficult to track increases the tax revenue concerns of the states.
Although some countries have tried to ban crypto completely to overcome this problem, they have not achieved a satisfactory result. In general, governments that combine the sector with the traditional financial system rather than ban it get more successful results.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!