Monday 18th November 2024
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Comsure operates in:the UK, Jersey, Guernsey


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Bitcoin Accounts May Be Subject to FBAR, FATCA Reporting?

IT HAS BEEN SUGEGTED* THAT Taxpayers may soon have to report bitcoin and other virtual currency accounts held in foreign exchanges to the IRS as the agency’s focus on foreign assets sharpens. FURTHER there is a strong possibility that bitcoin accounts could fall within the scope of assets individual taxpayers must reveal to the Internal […]

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