Bryan C. Skarlatos Quoted In "No One Knows How Much To Pay In Bitcoin Cash Taxes", Wall Street Journal

Bitcoin, the digital currency recently split into two competing versions: one called bitcoin and an alternate called Bitcoin Cash. As a result of the split, each bitcoin owner received the right to an equal amount of Bitcoin Cash. Bryan C. Skarlatos, Partner at Kostelanetz & Fink, LLP states in the article by Laura Saunders, "The IRS got the information it wanted on Americans hiding money in offshore accounts, and it will get the information it wants on Americans evading taxes through virtual currencies."

The Internal Revenue Service declined to comment on the tax issues related to the recent split. 

The Wall Street Journal article including additional commentary by industry experts can be viewed on the Wall Street Journal website and the Fox Business website.