IRS dispels crypto tax confusion

IRS dispels crypto tax confusion

The US Internal Revenue Service (IRS) has argued that its summons on crypto exchange Coinbase is indeed legitimate in a recent filing. As per a Nov. 15 filing, the U.S. tax agency told a California federal court that its investigation of Coinbase customer William Zietzke is completely legitimate. Zietzke is attempting to quash the summons which requested that they hand over his financial records.

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