Official view on the IRS joining the 5. Is international enforcement inevitable? – Bitcoints

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Published on July 13th, 2018 | by bitcoin

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Official view on the IRS joining the 5. Is international enforcement inevitable?

Official view on the IRS joining the 5. Is international enforcement inevitable?Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.
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Over the past decade, the IRS has brought in over $10 billion by “encouraging” U.S. taxpayers with undisclosed foreign bank accounts to, well, disclose those accounts.
Although the program will end this September, the IRS is now gearing up to focus on cryptocurrency as the next big compliance push.
His practice focuses on tax controversy and audit defense and includes international tax and financial products/cryptocurrency tax planning work.

Source: Cointelegraph.com

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