SCOOP: Leaked EU anti-tax evasion plans would require crypto users' details to be shared with authorities – including for NFTs and non-EU companies. jackschickler reports
Crypto providers will have to report details of their EU clients’ transactions to national tax authorities within the bloc, under a bill set to be proposed by the European Commission next week.
Existing tax rules known as the Directive on Administrative Cooperation seek to avoid people stashing money in foreign bank accounts to avoid taxation – but officials are now concerned that crypto accounts provide an escape route. The rules would extend beyond an existing crypto-asset law known as MiCA, covering companies offering non-fungible tokens , and foreign companies that have incidental clients within the bloc.
France Dernières Nouvelles, France Actualités
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