Tax Evasion news and trends

Binance Charged With Tax Evasion in Nigeria as Exec Escapes
Cryptocurrency // March 25, 2024

Nigeria has reportedly charged Binance and two of the cryptocurrency exchange’s executives with tax evasion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Report: IRS ‘Steps Up’ Work to Find Crypto Tax Evaders
Cryptocurrency // September 26, 2022

The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a court order to gain access to a bank’s data relating to customers who used a digital currency broker. Get the...

IRS Commissioner Rettig Says NFTs Ripe For Tax Evasion
Cryptocurrency // April 14, 2021

IRS Commissioner Charles Rettig says there’s “replicating” of tax evasion with cryptocurrencies using nonfungible tokens (NFTs), CNBC reported on Wednesday (April 14), adding that the IRS is looking at the dark web for crime related to crypto or NFT transactions. Get the Full Story Complete...

Will The IRS Take A Bite Out Of Crypto’s Wild Ride?
Cryptocurrency // November 12, 2019

April is months away, but tax season is likely top of mind for crypto holders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Escaped Binance Exec Reportedly Located in Kenya

April 22, 2024
A Binance executive who fled Nigerian custody last month has reportedly been found in Kenya. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Binance Charged With Tax Evasion in Nigeria as Exec Escapes

March 25, 2024
Nigeria has reportedly charged Binance and two of the cryptocurrency exchange’s executives with tax evasion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Report: IRS ‘Steps Up’ Work to Find Crypto Tax Evaders

September 26, 2022
The Internal Revenue Service (IRS) has reportedly “stepped up” its pursuit of taxpayers who haven’t reported and paid taxes on cryptocurrency transactions by getting a court order to gain access...

IRS Commissioner Rettig Says NFTs Ripe For Tax Evasion

April 14, 2021
IRS Commissioner Charles Rettig says there’s “replicating” of tax evasion with cryptocurrencies using nonfungible tokens (NFTs), CNBC reported on Wednesday (April 14), adding that the IRS is looking at the...