This panel will provide a look at the IRS treatment of virtual currencies and its recent attempt to begin collecting data about US Bitcoin users.
This panel will cover: The basics of Bitcoin? What is it? How is it used? How is it taxed? IRS Guidance on Virtual Currencies including Bitcoin under Notice 2014-21. The Recent John Doe Summons issued by the IRS to Bitcoin Vendor Coinbase and the Future of Virtual Currency Reporting.
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