Cryptocurrencies

IRS Says ‘Dozens’ of New Crypto, Cybercriminals Are Identified

  • Leads came from weeklong meeting with foreign tax officials
  • IRS is preparing for audits, prosecution of cyber activities
Photographer: Daro Sulakauri/Bloomberg
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The IRS’s criminal division identified “dozens” of potential cryptocurrency tax evaders or cybercriminals after a meeting this week with tax authorities from four other countries.

Officials from the U.S., U.K., Australia, Canada and the Netherlands -- known as the Joint Chiefs of Global Tax Enforcement -- shared data, tools and tax enforcement strategies to find new leads in a quest to mitigate cross-border money-laundering, tax evasion and cybercrime.