The investigations chief of the US Internal Revenue Service (IRS), Guy Ficco, said the agency expects to see a rise in crypto tax evasion cases this year.
Guy Ficco, chief of the United States Internal Revenue Service (IRS) criminal investigation, spoke to CNBC at the recent Chainalysis Links event, saying the agency expects to see more crypto-related tax evasion crimes this year.
Rise in “Pure Crypto Tax Crimes”
Guy Ficco, head of criminal investigations at the US Internal Revenue Service (IRS), said there is a rise in the number of “pure” tax evasion crimes related to cryptocurrencies. In a video with CNBC, Ficco told the news agency that it is seeing more “pure crypto tax crimes.” Ficco says the rise is attributed to crypto being previously used mainly for more severe fraud crimes, including embezzlement and scams.
In the video with CNBC, Ficco explains to US citizens how crypto holding can affect tax obligations. The criminal investigation chief expl
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