Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders

Congress mandated new tax rules for crypto traders nearly two years ago, but officials have yet to implement them.

Cryptocurrency brokers are skipping out on at least half of their tax obligations, experts have estimated — and a group of senators is urging federal officials to crack down on what analysts say is an at least $50 billion tax gap caused by crypto tax evaders. Four senators, led by Sen. Elizabeth Warren (D-Massachusetts), sent a letter on Tuesday to federal regulators urging them to swiftly...

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This post was originally published on Latest – Truthout.


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Sharon Zhang | radiofree.asia (2024-05-09T23:45:50+00:00) » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders. Retrieved from https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/.
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" » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders." Sharon Zhang | radiofree.asia - Wednesday August 2, 2023, https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/
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Sharon Zhang | radiofree.asia Wednesday August 2, 2023 » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders., viewed 2024-05-09T23:45:50+00:00,<https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/>
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Sharon Zhang | radiofree.asia - » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders. [Internet]. [Accessed 2024-05-09T23:45:50+00:00]. Available from: https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/
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" » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders." Sharon Zhang | radiofree.asia - Accessed 2024-05-09T23:45:50+00:00. https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/
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" » Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders." Sharon Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/. [Accessed: 2024-05-09T23:45:50+00:00]
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» Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders | Sharon Zhang | radiofree.asia | https://radiofree.asia/2023/08/02/warren-sanders-urge-biden-officials-to-crack-down-on-crypto-tax-evaders/ | 2024-05-09T23:45:50+00:00
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