The Internal Revenue Service (IRS) announced Monday that a new joint force of tax enforcement authorities will combat international and transnational tax crimes – including cybercrimes facilitated through cryptocurrencies.
Tax enforcement agencies from the U.K., Australia, Canada and the Netherlands will join the IRS in forming the Joint Chiefs of Global Tax Enforcement (J5) to prosecute tax crimes, according to a press release.
The organization was formed in response to “a call to action” by the Organization for Economic Co-operation and Development (OECD) to “do more” on the crackdown on tax crimes.
The entity has already met, with cryptocurrencies coming up as an area of concern in financial crimes.
Johanne Charbonneau, general director of the Canada Revenue Agency, also said that J5 is building a “serious commitment” in an international cooperation that will fight against serious international tax crimes, including cybercrimes through “the use of cryptocurrencies.”
The US Internal Revenue Service has launched an international joint task force focusing on cryptocurrencies in order to investigate crypto-related tax evasion and money laundering. Announced on Monday, the Joint Chiefs of Global Tax Enforcement (J5) will see tax enforcement agencies form the US, UK, Australia, Canada, and the Netherlands in join forces in order […]
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In a bid to fell the growing transnational tax crime in cryptocurrencies, five nations have formed an alliance called the J5. It is constituted by the Joint Chiefs of Global Tax Enforcement and will fight, “tax crime by increasing enforcement collaboration.
Налоговые ведомства и правоохранительные службы 5 стран объединились «для совместной борьбы с налоговыми преступлениями и криптовалютными и киберугрозами». Налоговые и контролирующие ведомства из Австралии, Канады, Нидерланд, Великобритании и США анонсировали создание альянса J5 – Joint Chiefs of Global Tax Enforcement – для совместной борьбы c международными налоговыми преступлениями и отмыванием денег.
Tax enforcement authorities from five nations announced that they have created a united alliance, the Joint Chiefs of Global Tax Enforcement, known as “the J5. ” The J5 said they are committed to combating transnational tax crime “through increased enforcement collaboration,” in other words: working together to gather information, share intelligence, and conduct joint operations.
It is pretty rare to see countries come together to work on a new policy in a uniform manner. Unless of course their objectives are financial, then it seems everyone is happy to work with anyone in pursuit of financial gain.
In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release.
The US Internal Revenue Service (IRS) has launched an international taskforce together with tax enforcement authorities from four other countries to take on cryptocurrency-enabled crimes, according to a press release published Monday, July 2.
Leaders of tax enforcement authorities from around the world have united to combat global financial crimes enabled by cryptocurrencies and other technologies. The group formed will be known as the Joint Chiefs of Global Tax Enforcement, or J5, and will comprise of participants from Australia, the U.
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