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"CAR(F)efully Navigating the Framework in the United Kingdom: Cryptically Crypto and Criminally Crypto" In this Talking Points piece, Claire S. describes how the United Kingdom will use the OECD’s crypto asset reporting framework (CARF) to attack tax avoidance through crypto. This article is available for subscribers to IBFD’s Tax News Service: https://lnkd.in/g8JFUgUM Share your thoughts with us in the comments below. #TalkingPoints #UnitedKingdom #IBFD #crypto Stuart Gibson HM Revenue & Customs

The #unitedkingdom will be among the first to combat #taxevasion by using the newly- released OECD - OCDE #crypto asset reporting framework, #carf . But will enough other countries sign on to attack not just tax issues, but also #moneylaundering and #terrorism financing through crypto? Read this thoughtful piece by Claire Shelemay, BFP FCA to learn more.

"CAR(F)efully Navigating the Framework in the United Kingdom: Cryptically Crypto and Criminally Crypto" In this Talking Points piece, Claire S. describes how the United Kingdom will use the OECD’s crypto asset reporting framework (CARF) to attack tax avoidance through crypto. This article is available for subscribers to IBFD’s Tax News Service: https://lnkd.in/g8JFUgUM Share your thoughts with us in the comments below. #TalkingPoints #UnitedKingdom #IBFD #crypto Stuart Gibson HM Revenue & Customs

Cryptically crypto or criminally crypto? I echo Stuart Gibson's question as to whether enough countries will take the necessary steps to tackle not only tax issues related to crypto but also #moneylaundering and #terrorism financing via crypto? Please read my article published by the IBFD on this topic. #tax #UK #HMRC #OECD #taxevasion #terrorismfinancing #CARF #crownstone #taxtipper

JUST IN: Recent judicial rulings in the United States offer hope for the crypto industry's legal battles against the SEC. A shift in the interpretation of digital assets has diverged from the SEC's traditionally strict stance. The recognition of major cryptocurrencies as commodities, not securities, marks a significant departure. Prominent figures like Bill Morgan predict the SEC may face defeat in key cases, setting a precedent that could influence future regulatory discussions. This evolving judicial perspective has implications for the crypto industry's present and future legal battles. #USCourts #CryptoIndustry #SEC #DigitalAssets To learn more and read the complete story, click on this link. https://lnkd.in/gUpMrQwK

🆕 Now live: Sulolit "Raj" Mukherjee J.D. (Executive Director for the Office of Digital Assets Initiative at the Internal Revenue Service (IRS)) joins Ari Redbord on our latest episode of #TRMTalks. Tune in for their discussion covering: ✅ How IRS approached drafting the just released crypto “broker” regulations ✅ The critical role tax authorities play in shaping policy and regulation in the #crypto space ✅ The importance of public-private partnerships and conversation in building regulatory frameworks for crypto ✅ How the whole U.S. Department of the Treasury is approaching digital assets ✅ How IRS is leveraging expertise from across the service to navigate the crypto space—from IRS Criminal Investigation to counsel’s office, and the office Small Business Self-Employed (SBSE) to the office of Large Business and International (LB&I) Listen to the full episode now ➡️ https://lnkd.in/e2iF-fa3

🌐 Curious about IRS obligations regarding reporting foreign crypto transactions? A recent Forbes article touches on this topic, but there's more to understand. We're delving deeper into these IRS requirements and inviting your insights in the comments: https://bit.ly/3vCq7p5 #CryptoReporting #IRSRegulations #ForbesInsights

The SEC v. Crypto battle is at a critical juncture, and the outcome will have a significant impact on the Defi space and the industry as a whole. The demand for legal and compliance professionals in this area will be affected by the final result.

🌐 Curious about IRS obligations regarding reporting foreign crypto transactions? A recent Forbes article touches on this topic, but there's more to understand. We're delving deeper into these IRS requirements and inviting your insights in the comments: https://bit.ly/3vCq7p5 #CryptoReporting #IRSRegulations #ForbesInsights

Public consultation on Markets in Crypto Assets Regulation directive launched by Irish Ministry of Finance, deadline is September 15th 2023. The paper seeks to gather opinions on how existing Crypto regimes and procedures on member state levels should be treated when MiCAR will finally come into effect. Just as below says - have your say, this is the opportunity to be heard should you feel the need to. MiCAR is the first EU wide attempt to regulate the Crypto industry, here's hoping they get this right and the results will be positive for buyers and sellers alike 👍 . #micar #departmentoffinanceireland #crypto #cryptoregulation