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unpaid taxes – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 20 Sep 2021 23:46:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png unpaid taxes – DIGIT INFO https://www.digit.info 32 32 Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines https://www.digit.info/korean-province-seizes-cryptocurrencies-from-1661-investors-for-unpaid-fines/ Mon, 20 Sep 2021 23:46:28 +0000 https://www.digit.info/2021/09/20/korean-province-seizes-cryptocurrencies-from-1661-investors-for-unpaid-fines/ Read more]]> Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid FinesA South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four exchanges. Korean Province Confiscates Cryptocurrencies for Unpaid Fines The […]

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IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns https://www.digit.info/irs-will-seize-cryptocurrencies-from-investors-to-settle-tax-debts-official-warns/ Fri, 14 May 2021 17:00:52 +0000 https://www.digit.info/2021/05/14/irs-will-seize-cryptocurrencies-from-investors-to-settle-tax-debts-official-warns/ Read more]]> IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official WarnsAn official of the U.S. Internal Revenue Service (IRS) has clarified that the agency is prepared to seize cryptocurrencies and sell them to satisfy tax collection if taxpayers fail to meet their tax obligations. Robert Wearing, IRS’ deputy associate chief counsel for Procedure & Administration, explained Wednesday that the agency can seize cryptocurrencies from taxpayers, […]

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