UK Tax Authority Sends 65,000 Crypto ‘Nudge Letters’ to Suspected Tax Evaders
HM Revenue & Customs (HMRC) has intensified its scrutiny of the crypto sector, sending 65,000 “nudge letters” to buyers suspected of underreporting or evading taxes on digital belongings, greater than double final 12 months’s determine, in accordance to The Financial Times. The information, obtained by way of a Freedom of Information Act request by accounting…