03.26.2018

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Articles

Bloomberg’s Daily Tax Report

It is no secret that the value of many virtual currencies (in particular, cryptocurrencies such as Bitcoin) rose over the past year. The associated legal and tax challenges are less well-known but vitally important (at least for those looking to avoid potential criminal and civil penalties). As the April 15 tax deadline fast approaches, one of the most notable issues affecting holders of virtual currency is their tax reporting obligations.

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