US tax chief asks Congress for authority to collect cryptocurrency transfer data

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US tax chief asks Congress for authority to collect cryptocurrency transfer data

On transfers over US$10,000.

US Internal Revenue Service Commissioner Charles Rettig said that Congress needs to provide clear statutory authority for the tax agency to collect information on cryptocurrency transfers valued at over US$10,000 that largely go unreported. "I think we need congressional authority," ...

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authoritycollectioncryptocurrencydatafinanceirstaxtransferus

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