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U.S. Senators Urge Treasury and IRS to Close Crypto Currency Tax Loopholes

|Proposed Changes|United States
United States

U.S. Senator Elizabeth Warren (D-MA) has announced that she, together with Senators Bob Casey (D-PA), Richard Blumenthal (D-CT.), and Bernie Sanders (I-VT), have sent a letter to the Treasury Department and the IRS urging them to propose and implement rules to close loopholes exploited by crypto tax evaders.

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Warren, Casey, Blumenthal, Sanders Call on Treasury, IRS to Rein in Crypto Tax Evaders, Close $50 Billion Crypto Tax Gap

"We urge you to act swiftly to implement strong tax repor…

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