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IRS and HMRC targeting crypto investors

We are finding increasing number of clients are investing in cryptoassets and we are aware that for past tax years there has been little clarity as to how gains and losses on these investments ...

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IRS to publish guidance on taxation of cryptocurrencies

The IRS has announced that it will soon publish new detailed guidance on how the cryptocurrencies should be treated for US tax purposes. The existing guidance has not been updated since 2014.

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