Exchange of information between tax authorities and Crypto platforms will lead to a more focussed approach from HMRC on unpaid Crypto taxes.
Read MoreWe 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 should ...
August 14, 2019
by Sophia Passingham
in
crypto assets
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crypto hmrc
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crypto income
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crypto tax
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cryptocurrencies
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IRS crypto letter
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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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