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OECD debuts global tax transparency framework for crypto

The Organization for Economic Cooperation and Development introduced a framework this week for the automatic exchange of information between countries on crypto-assets, in response to a request from the G20 financial leaders. ....

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Companies worried about accounting and taxes for crypto

Businesses that have been investing in cryptocurrency like Bitcoin and Ethereum are dealing with uncertainty as the Securities and Exchange Commission and the Internal Revenue Service, as well as government agencies abroad, are going to expect them to account for their holdings and pay taxes. ....

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Crypto tax-reporting changes may lead to IRS crackdown

Crypto tax-reporting changes may lead to IRS crackdown
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IRS turns to data analytics to track crypto tax evasion

IRS turns to data analytics to track crypto tax evasion
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How to lead a tax practice to manage digital transformations

How to lead a tax practice to manage digital transformations
Emily VanVleet and Denise Hintzke from Deloitte speak to ITR about how they manage their tax practices and client relationships amid constantly changing reporting requirements and technological advancements.
March 08 2021
Having the skills to be flexible and adapt to developments quickly are crucial for both tax advisors and taxpayers
Tax policies are changing at a faster rate today than a decade ago, particularly when it comes to reporting requirements. This is matched by the speed of change in technology.
Emily VanVleet, tax partner and leader of Deloitte’s US operations transformation for tax team, said the developments mean her department must continually work with clients who are reimagining the work of tax and creating the future. ....

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