India Turns Attention to Bitcoin Exchanges to Investigate Tax Evasion

On December 13, 2017, the Indian income-tax department reportedly conducted surveys at bitcoin exchanges across the country to assess the risk of individuals who may have evaded taxes. Surveying Indian Exchanges Typically such surveys are conducted by the department without prior warning and include relatively extensive scrutiny of the assessee’s account books and related assets. […]<br />The post India Turns Attention to Bitcoin Exchanges to Investigate Tax Evasion appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012.

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