Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework

At least two US institutions have requested that the IRS propose a definitive structure for taxing cryptocurrencies in the country. As authorities see the lucrative appeal of virtual currencies, they also see that they can benefit from this wealth in some way, specifically through taxing crypto holders. However, even though cryptocurrencies may only have been thrust into the mainstream spotlight last year, taxation queries are not as recent. According to CNBC, Tyson Cross, a US-based tax<br />Read More<br />The post Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework appeared first on Bitcoinist.com.

The post Internal Revenue Service (IRS) Asked to Provide a Clearer Cryptocurrency Tax Framework appeared first on bitcoinmining.shop.

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