The price of bitcoin and other cryptocurrencies reached record highs last week, buoyed by the U.S. election of Donald Trump, who is seen as friendly to this novel asset class, for president. But as the buying, selling, and using of cryptocurrencies increase, so too will the tax consequences—and, perhaps, the tax avoidance—associated with these so-called […] The post Addressing pervasive tax evasion by cryptocurrency users appeared first on Equitable Growth.
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- © Magne Mogstad, Tom Meling, Arnstein Vestre