IRS Heads to the Frontlines to Fight International Tax Evasion

According to reports, the IRS intends to join a coalition comprised of four other nations in an international effort to crack down on cryptocurrency tax dodgers. In conjunction with Austrailia, Canada, UK, and the Netherlands, the organization known as Joint Chiefs of Global Tax Enforcement -- or J5 for short -- has recently welcomed the US in their fight to stop what the agency calls "bad actors" who have been able to circumvent international tax laws and facilitate financial crimes.

You can read more about this latest development here:

https://coinidol.com/irs-launches-international-fight-to-achieve-cryptocurrency-tax-compliance/
and
https://bitcoinist.com/irs-international-cryptocurrency-tax/

image credit: https://www.flickr.com/photos/119903731@N02/with/13369027524/