IRS be coming for your gains

[wellington]

IRS investigation chief expects uptick in crypto tax evasion this year

IRS criminal investigation chief Guy Ficco said his agency has grown more aggressive in prosecuting crypto tax crimes and is ready to deal with an expected influx of tax evasion.

cointelegraph.com

 

[TheCryptoAnt]

if you have *any* considerable amount of money and still choose to be a burger idk what to tell you

 

[daniels27]

They call it crime. We call their behaviour unjustified enrichment.

 

[JohnLocke]

Ficco said that crypto had previously been used mostly as a tool in financial crimes such as fraud, scams, and money laundering — however, he said his agency had recently observed a drastic uptick in “pure crypto tax crimes,” and expected even more in the near future.

What else do you expect to hear from an American government body. In a few years they will have totally penetrated the crypto market, it won't take them a 100 years or more like it did with the offshore company and offshore banking industry.