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FTX’s Unpaid Taxes of $24 Billion Claimed by IRS, Leading to Additional Delays in Victim Payouts

Cyrus Dailey3 years ago2 min read

The IRS Claims FTX Owes $24 Billion in Taxes The Internal Revenue Service (IRS) has stated that FTX, the collapsed crypto exchange, owes it $24 billion…

FTX Delays Recovery of User Funds Due to IRS’s $24 Billion Unpaid Taxes Demand

Theon Barrett3 years ago3 min read

The IRS Should Substantiate Claim Against FTX, Say Lawyers The lawyers representing FTX have called on the Internal Revenue Service (IRS) to provide evidence for its…

Which City Will Be the Next to Accept Bitcoin for Taxes? Helium and Everlodge Experience Continued Positive Growth

Cyrus Dailey3 years ago2 min read

Switzerland City of Lugano Allows Tax Payments in Bitcoin and USDT Citizens of Lugano, Switzerland, now have the option to pay their tax bills and community…

Lugano, Switzerland Embraces Bitcoin and Tether as Payment for Local Taxes

Owen Patter3 years ago3 min read

Lugano Embraces Cryptocurrency for Payments On December 5, 2023, the Swiss city of Lugano made an exciting announcement. They have now incorporated Bitcoin (BTC) and Tether…

Surge in IRS Investigations on Taxes for Digital Assets Revealed

Wyatt Newson3 years ago3 min read

The IRS:CI Reports Rise in Digital Asset Tax Investigations The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) has observed a surge in digital asset…

Lugano, Switzerland Embraces Bitcoin and Tether as Payment for Local Taxes

Coinan Porter3 years ago2 min read

The Swiss City of Lugano Now Accepts Bitcoin and Tether for Municipal Payments The city of Lugano in Switzerland is making it easier for its citizens…

Crackdown on Taxes: UK Authorities Focus on Unpaid Taxes by Crypto Users

Wyatt Newson3 years ago2 min read

UK Tax Authority Urges Crypto Users to Disclose Unpaid Taxes The UK national taxing authority, HM Revenue and Customs (HMRC), has issued a warning to crypto…

US IRS to Offer Free Software for Tracking DeFi Transactions for Crypto Taxes

Leo Nomist3 years ago2 min read

The IRS and the New DeFi Tax Software In the United States, the Internal Revenue Service (IRS) is set to launch new software that will assist…

Unpaid Taxes in Laos: Military Claims $20M Owed by Crypto Operators

Coinan Porter3 years ago2 min read

Laos Government Cracks Down on Crypto Sector If you’re involved in the crypto sector in Laos, it’s important to be aware of the latest developments. The…

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