Thursday, November 30, 2023
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IRS authorized to access information on Circle’s crypto traders to nab tax cheats

A U.S. federal court has granted authorization to the Internal Revenue Service, or IRS, to serve a John Doe summons to fintech firm Circle seeking all information on U.S. taxpayers who traded at least $20,000 worth of crypto assets on its platforms between 2016 and 2020.The summons will apply to

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