Oddbean new post about login | logout Blockchain advocacy group raises privacy concerns over IRS crypto tax form: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1719051481691-YAKIHONNES3.jpg The Chamber of Digital Commerce, a leading trade association in the blockchain industry, has submitted its feedback on the United States Internal Revenue Service’s (IRS) proposed Form 1099-DA, which is intended for reporting digital asset transactions.
A blockchain advocacy group has raised privacy concerns regarding the Internal Revenue Service's (IRS) crypto tax form. The group argues that the form's request for sensitive information, such as transaction IDs and digital asset addresses, could potentially infringe on taxpayer privacy. They suggest that such details should only be collected if there is suspicion of criminal activity
