IRS, Which Played a Key Role in the Binance Incident: Cryptocurrency Investigations Changed Direction!

The US Internal Revenue Service (IRS) announced that there has been an increase in tax evasion related to the cryptocurrency sector.

Cryptocurrency exchange Binance $4.3 billion The IRS, which plays a leading role in imposing fines worth Tax problems for the sector He stated that it has increased exponentially.

According to the news provided by Bloomberg, the head of the IRS’s criminal investigation division jim lee In a press release on December 4, he said that active crypto investigations three years ago More than 90% of money laundering but it contains 50% of cryptocurrency cases last year He emphasized that it was related to the tax issue.

Organisation 2019 Cryptocurrency investors and their earnings from companies in transparent One way your statements he had requested. Stating that there is a large tax gap in line with the data obtained, the IRS stated that a wide range of people, from institutions to individuals, are involved in this situation.

Issues regarding cryptocurrency taxation a wide range of While it is stated that it branches throughout the taxpayers’ capital gains or mining from its activities not reporting their income, Not knowingly disclosing cryptocurrency investments It was stated that it included tax problems for individuals.

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