7 ms·

So, it basicaly makes easier to avoid taxes? For example you earn in bitcoin and you now have easy way to spend it. That's probably not applicable for US citzen

So, it basicaly makes easier to avoid taxes? For example you earn in bitcoin and you now have easy way to spend it. That's probably not applicable for US citzens, but would IRSes around the world be able to get your data from coinbase?

bpicolo 7y ago
> but would IRSes around the world be able to get your data from coinbase? Yes, they already do. (https://support.coinbase.com/customer/portal/articles/2924446-irs-notification https://support.coinbase.com/customer/portal/articles/292444...)
- ancymon 7y ago
  I can't find that it is about forign IRSes, can you point me to more specific place?
  - bpicolo 7y ago
    The wouldn't typically ask directly unless they expected people are committing tax fraud, but you can bet that any country Coinbase is operating in can ask them similar. They have to abide by a wide range of financial regulations. It would be more typical for such a thing to come up during the audit for a singular customer