On Friday, Coinbase, the largest U.S.-based Bitcoin exchange, notified approximately 13,000 of its customers that it would be turning over their account information to the Internal Revenue Service within 21
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John Doe Summons
Coinbase Ordered to Turn Over Bitcoin Trading Records of Over 14,000 Customers to Internal Revenue Service
The Internal Revenue Service has prevailed in its long-running dispute with Coinbase, the largest U.S.-based Bitcoin exchange, with a federal judge ordering Coinbase to comply with a “John Doe” summons…
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Members of Congress Question IRS’s Digital Currency Strategy Including “John Doe” Summons to Coinbase
Three influential members of Congress have questioned the Internal Revenue Service’s strategy for addressing the tax treatment of digital or virtual currencies, such as Bitcoin, and its efforts to uncover…
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John Doe Summonses: A Key IRS Tool Against Tax Evasion
The Internal Revenue Service continues to make frequent use of a relatively unknown information-gathering tool in its nearly decade-old crusade against offshore tax evasion: the “John Doe” summons. A John…
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