tax evaders – DIGIT INFO

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

DIGIT — Wed, 03 Aug 2022 11:30:06 +0000

South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been actively used for money laundering. Korean Citizens Accused of Investing in Crypto Assets […]

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Korean Government Confiscates $47 Million in Crypto From Tax Evaders

DIGIT — Thu, 24 Jun 2021 04:30:45 +0000

South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders in Greater Seoul Area More than 53 billion Korean won ($47 million) in crypto […]

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South Korean City Threatens to Seize Cryptos From Tax Evaders

DIGIT — Thu, 15 Apr 2021 22:30:53 +0000

Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. 511 Individuals in the Authorities’ Eyes According to Gugkje News, the authorities of Gyeongju, […]

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South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation

DIGIT — Wed, 17 Mar 2021 05:30:09 +0000

South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. Evaders Hid a Total of $32.24 Million in Assets Per the Korea Herald, the National Tax Service of […]

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Japanese Court Convicts Bitcoin Tax Evader- Trader Gets a Year in Prison Plus Fine for $200K

DIGIT — Sat, 13 Mar 2021 05:15:58 +0000

Japanese authorities aren’t hesitating in hunting down anyone considered a crypto tax evader. A court in Ishikawa has sentenced one of them, a 56-year-old man that will spend one year in prison, plus pay a $200,000 fine. Sentenced Man Didn’t Disclose His BTC Trading Activity of the Period 2017-2018 According to Chunichi, a judge at […]

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UK Tax Agency to Pay $100K for Blockchain Surveillance Software

DIGIT — Tue, 21 Jan 2020 19:10:56 +0000

On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset transactions.” […]

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Wendy McElroy: Crypto’s Means Are Its End – as Crypto-Statists Well Know

DIGIT — Sat, 29 Sep 2018 15:00:58 +0000

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 6 Crypto’s Means are Its End, as Crypto-Statists Well Know The problem of the Means is, as I see it, a twofold problem: first, the problem of End and Means; second, the problem of the People and the State, […]

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The Satoshi Revolution – Chapter 6: (Crypto) Privacy Prevents Violence and Crime (Segment 1)

DIGIT — Sat, 17 Feb 2018 16:00:04 +0000

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 6: Privacy is a Prerequisite of Human Rights by Wendy McElroy (Crypto) Privacy Prevents Violence and Crime (Chapter 6, Segment 1) Unlike the communities traditionally associated with the word “anarchy”, in a crypto-anarchy the government is not temporarily […]

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