Tax,
Civil Litigation,
Administrative/Regulatory
May 6, 2021
San Francisco cryptocurrency exchange summoned in tax probe
The latest order is part of a wider effort to catch people who hide transactions using virtual currencies such as Bitcoin.
San Francisco cryptocurrency exchange summoned in tax probe
A federal judge has approved a summons against a San Francisco cryptocurrency exchange as part of a joint effort with the Internal Revenue Service to collect taxes on transactions made with virtual currencies.
“Gathering the information in the summons approved today is an important step to ensure cryptocurrency owners are following the ta...
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