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

By

On transfers over US$10,000.

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

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