The US Treasury announced that all transfers in cryptocurrencies over $ 10,000 will have to be reported to the IRS

Monede virtuale Bitcoin - pexels- Roger Brown Foto: Monede virtuale (Pexels / Roger Brown)

The US Treasury has announced that the Biden administration’s proposal to strengthen tax compliance includes a requirement for cryptocurrency transfers of $10,000 or more be reported to the IRS, Bloomberg reports.

“As with cash transactions, companies that conduct cryptocurrency transactions with a market value of more than $ 10,000 will be reported,” the Treasury Department said in a report on tax proposals released Thursday.

Urmărește mai jos producțiile video ale Economedia:

- articolul continuă mai jos -

The treasury said reporting was needed “to minimize incentives and the opportunity to hide revenues from the new reporting regime.” The Treasury noted that cryptocurrency accounts for a small part of current business transactions.

Analize Economedia

economie razboi bani
romania germania
concedieri dreamstime
industrie forta de munca somaj industrial uzina fabrica manufactura muncitor muncitor necalificat
blindate, armata, militar
Bugetul familiei, bani
dambovita arena aci
afacere semnare contract pexels
șantier aeroport craiova
costuri, cladiri, birouri, angajati
software, calculator, IT
CV locuri de munca job
MixCollage-21-Dec-2024-07-15-PM-1798
economie 2024
grafic crestere dreamstime
tranzactii calcula fuziuni
locuinta constructii bricolaj
salariu, bani, lei
turcia, ankara, steag, flag, drapel, istanbul, alegeri
bani, lei, bancnote, cash, numerar
bursa, indice bursier, investitii, scadere, grafic
bursa, indice bursier, investitii, scadere, grafic
inflatie bani echilibru balanta
la veterinar
camioane UMB autostrazi
Donald Trump
Colaj bani lei Marcel Ciolacu
Bani, investitie, economii
Marcel Ciolacu, premier
Incredere

“Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion,” the Treasury said in a release.