IRS forms new team to track down crypto-tax evaders

The US Internal Revenue Service (IRS) has assembled a team of 10 investigators for international crime investigations as well as for finding tax evaders who use cryptocurrency, Bloomberg reports Thursday, Feb. 8.
Chief of the IRS Criminal Investigation Division Don Fort said that the team will work with international criminal agencies to investigate unlicensed exchanges as well:
“It’s possible to use Bitcoin and other cryptocurrencies in the same fashion as foreign bank accounts to facilitate tax evasion.”

Interesting article about the IRS and Crypto war on cointelegraph website.

To read the full article, please click on the link below
https://cointelegraph.com/news/irs-forms-new-team-to-track-down-crypto-tax-evaders

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