US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records

IRS Obtains Court Order Authorizing Summons for Records Relating to U.S. TaxpayersThe Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “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 […]
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Author: toutiao