Saturday, July 27, 2024


Kraken defies IRS’ “Treasure Hunt”

By DAC000 , in Regulation taxes , at April 30, 2023 Tags: ,

files challenge in US courts. About a one minute read.

Comment: amazingly arrogant, Kraken, like many other players in the crypto space, don’t seem to fully grasp the reality — people routinely “forget” to file and pay taxes on their cryptocurrency profits. The IRS routinely collects data from US Brokerages on transactions to insure people adhere to the tax code, what is so special about crypto? Nothing.

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