Will US Government Continue to Target Bitcoin Users for Taxes?
Coinbase, the world’s largest Bitcoin brokerage and wallet platform, has won a partial but significant victory in its fight against the Internal Revenue Service (IRS), as Cointelegraph previously reported.
Brief history of Coinbase v. IRS
On January 15, Coinbase CEO Brian Armstrong revealed that the IRS sent the company a subpoena to disclose the account details of all US-based users over a three year period for taxation purposes.
This is normal. If you are making money...you should have to pay taxes.