Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes

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U. S. Households could owe $25 billion in unpaid crypto taxes

According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U.S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. Earlier this year, in March 2018, the Internal Revenue…Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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