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Joint Chiefs of Global Tax Enforcement (J5) Host "Challenge" Aimed at NFTs and Decentralized Exchanges

|Approved Changes|Australia-Canada-Netherlands-United Kingdom-United States
Australia-Canada-Netherlands-United Kingdom-United States

On 10 May 2022, the U.S. IRS issued a media release on the hosting of a "Challenge" event by the Joint Chiefs of Global Tax Enforcement (J5), which brought together investigators, cryptocurrency experts, and data scientists in a coordinated push to track down individuals and organizations perpetrating tax crimes around the world. This year's event focused on non-fungible tokens (NFTs) and decentralized exchanges (DEX). The J5 is comprised of the Australian Taxation Office (ATO), the Canada R…

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