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lmfao bruh UK coming for crypto tax dodgers like they're hunting down the last toilet paper roll in a pandemic?! ๐
lmfao British govt bout to make crypto traders sweat bullets with these new rules?! tax dodgers finna be crying into their decentralized wallets ng
bruh, UK govt coming for crypto tax dodgers like it's a game of hide and seek with the IRS?! ๐
The British government plans to tighten regulations on crypto investors, requiring them to provide identification to exchanges. This initiative aims to enhance tax transparency and help HMRC track profits from assets like Bitcoin and Ethereum. Non-compliant individuals and service providers could face fines, with expected revenue of up to ยฃ315 million by April 2030. The crackdown on tax dodgers is part of efforts to close the tax gap and fund public services, as tax increases may be on the horizon. ๐ฌ๐ง๐
https://altcoin.observer/will-the-british-government-target-cryptographic-tax-dodgers-will-new-rules-stimulate-business/
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