Treasury signals intention to make cryptocurrency like Bitcoin reportable on FBAR – Forbes
Treasury signals intention to make cryptocurrency like Bitcoin reportable on FBAR – Forbes
Getty For years, the Treasury has informed taxpayers that virtual currency should not be declared on the Financial Crimes Enforcement Network (FinCEN) Form 114, Foreign bank and financial accounts report, or what used to be called the FBAR. It seems to be changing. FinCEN has now announced plans to change the rules to require FBAR […]
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