IRS Launches International Effort to Investigate Cryptocurrency Tax Crimes77.75

The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition tasked with combating cryptocurrency-related tax crimes.

In recent times, cryptocurrency trading has reached significant levels and can no longer be dismissed as a fad. Countries appear to be waking up to the reality of the considerable trading volume in the market. Thus, cryptocurrency taxes have become a major topic of discussion in many nations around the world.

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