The International Monetary Fund also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
Spain’s Ministry of Finance has announced tax reforms that will give financial organizations the power to collect taxes on behalf of the government.
According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions.
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada.
The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers.