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CATEGORY: crypto tax laws


Jul 13, 2023 05:50

IRS investigating crypto traders using Puerto Rico tax breaks: Report

Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally benefiting from Puerto Rico’s tax breaks.  According to a June 12 report from Bloomberg, investigators are currently building civil and criminal cases against a number of hedge fund managers, crypto [...]

The post IRS investigating crypto traders using Puerto Rico tax breaks: Report appeared first on Crypto Breaking News.

Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’

Author: Cointelegraph By Tom Mitchelhill
United States
Aug 03, 2023 08:20

Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’

U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government.

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