IRS Has Started Cryptocurrency Criminal Probes, Official Says
Law360 (November 8, 2019, 7:04 PM EST) -- The Internal Revenue Service has initiated investigations into tax evasion and other crimes tied to cryptocurrency following a weeklong event that involved data sharing among the U.S. and four other countries, an agency official said Friday.
Chris Hueston, an IRS special agent, said the agency had initiated criminal investigations involving cryptocurrency following a meeting with revenue officials from the U.K., Canada, Australia and the Netherlands that began Monday. The five countries formed a partnership known as the Joint Chiefs of Global Tax Enforcement, or J5, in 2018.
Through the J5, the IRS has generated dozens of leads and as a result of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!