South Korean city threatens to sell crypto of tax debtors
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto…
Browsing Tag
crypto tax evasion
10 posts
Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool…
Australia Tax Office Unveils Stricter Regulations For Crypto Exchanges: Report
In an unprecedented twist witnessed within the crypto landscape, Australia’s tax office has recently initiated a process to…
IRS investigation chief expects uptick in crypto tax evasion this year
IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with…
Crypto Tax Frauds on IRS Radar Amid Market Boom
A recent update from the Internal Revenue Service (IRS) crime unit reveals that its investigation unit, which played…
South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework
South Africa is the only African country to join the group of countries that have agreed to implement…
Global Coalition Of 50 Nations Vows Rapid Adoption Of Crypto Reporting Framework
In an unprecedented move, nearly 50 nations, including major economic players and offshore financial hubs, have united in…
Oyster Founder Amir Elmaani Sentenced To 4 Years For Tax Fraud
In a recent turn of events, Amir Bruno Elmaani, the 31-year-old founder of the cryptocurrency scheme Oyster Protocol,…
Breaking: Bithumb Exchange Faces Second Investigation In A Row
Bithumb, a cryptocurrency exchange based in South Korea, has recently come under scrutiny from both the country’s tax…
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an…