Join Our Telegram channel to stay up to date on breaking news coverage According to three lawyers, India has kept its rigorous crypto tax regulations from 2022 in 2023, while adding a potential punish...
Tag: evaders
Get Your Crypto Tax in Order, IRS Warn Hundreds of Evaders
The tax collection agency of the United States is doubling down on tackling cryptocurrency tax evasion. The Internal Revenue Service (IRS) Criminal Investigation division said it is preparing “hundred...
IRS Pursues Crypto Tax Evaders at M.Y. Safra Bank
Join Our Telegram channel to stay up to date on breaking news coverage A New York court decided on Thursday that the U.S. Internal Revenue Service (IRS) has been given permission to serve M.Y. Safra B...
U.S IRS Obtains Court Summons to Reign in Crypto Tax Evaders – crypto.news
The United States Internal Revenue Service (IRS) has been authorized by a court to issue a so-called “John Doe” summons against M.Y. Safra Bank. The request follows the failure of crypto users who use...
South Korea Seized $183 Million Worth of Crypto From Tax Evaders (Report)
South Korean law enforcement officers have reportedly confiscated around 260 billion won ($183 million) worth of cryptocurrencies from local individuals and businesses in two years as they were not ab...
IRS Targets Crypto Tax Evaders With M.Y. Safra Bank Summons Over SFOX Data
The U.S. Internal Revenue Service (IRS) has been granted the authority to issue a ‘John Doe’ summons to M.Y. Safra Bank, a court in New York ruled on Thursday. The summons will oblige the ...
US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
“The government’s ability to obtain third-party information on those failing to report their gains from digital assets remains a critical tool in catching tax cheats,” IRS Commissioner Charles P...
IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders
The court order, which was approved by a judge in the Central District of California, authorizes the IRS to serve the summons against SFOX, asking for information about any “U.S. taxpayers who c...
IRS Launches Court Action in Crackdown on Crypto Tax Evaders
The U.S. taxman is clamping down on potential tax evaders by going to court to demand information from a cryptocurrency dealer. The Internal Revenue Service (IRS) has asked federal judges to give it t...
The US Internal Revenue Service is to Hunt Down Tax Evaders Who Use NFTs in 2022
Jan 18, 2022 at 12:14 // News The growing popularity of the NFT industry has caught the attention of US tax authorities. Officials expect the number of tax evasion cases involving NFTs to increase sig...