2109, 2016
As the Use of Virtual Currencies in Taxable Transactions Becomes More Common,Additional Actions Are Needed to Ensure Taxpayer Compliance
This report presents the results of our review to evaluate the Internal Revenue Serviceâs (IRS) strategy for addressing income produced through virtual currencies. This review is included in our Fiscal Year 2016 Annual Audit Plan and addresses the major management challenge of Tax Compliance Initiatives.
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