HMRC CRACKS DOWN ON CRYPTO INVESTORS

On 15th August, Fintech Futures reported that HMRC has written to at least 3 exchanges operating in the UK to request lists of customers’ names and transaction histories.  The report says that HMRC’s move follows action taken by the IRS last month, in which the authority wrote warning letters to more than 10,000 Americans who it says did not report virtual currency transactions properly.

https://www.fintechfutures.com/2019/08/hmrc-cracks-down-on-crypto-investors/

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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