TaxEvasion

South Africa's Tax Agency Targets Crypto Tax Defaulters in New Crackdown

10 hours ago

In an assertive move to enforce tax compliance, South Africa's revenue service has initiated a targeted campaign aimed at cryptocurrency investors who have failed to declare their earnings. This development comes amidst a growing recognition of cryptocurrencies as a crucial component of the country’s financial landscape.

UK Tax Authority Cracks Down on YouTube Creators and Etsy Sellers Over Tax Evasion Concerns

2 months ago

The UK’s tax authority, HM Revenue and Customs (HMRC), has launched a significant initiative targeting tax evasion and avoidance practices among a growing class of digital entrepreneurs. The crackdown particularly focuses on content creators on platforms like YouTube and sellers on Etsy, as these individuals often operate in a gray area of tax compliance, leading to concerns over potential revenue losses for the crown.

Bitcoin Jesus Fights IRS Tax Evasion Case from Spanish Island

5 months ago

In what has become a high-profile legal battle, Roger Ver, often dubbed "Bitcoin Jesus" for his early and enthusiastic support of the cryptocurrency, is embroiled in a tax evasion case with the Internal Revenue Service (IRS). Ver, who currently resides on a picturesque island in Spain, is facing serious allegations regarding his tax obligations stemming from his extensive dealings in Bitcoin and other cryptocurrencies.