Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s...
by vasco on Monday November 28, 2022 @01:15PM
(#33777243)
That fact that they can find it out doesn't mean you don't have to report it accurately. Most countries around the world know how much salaried employees make and still require them to declare it in a yearly tax submission and if they do it wrong, they'll get fined. The government knowing has nothing to do with you still needing to accurately report it.
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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s...
by pavlov on Monday November 28, 2022 @02:49PM
(#33778597)
I don’t know if “most countries” is correct. The USA certainly does this, but most European countries will prepare an automatic tax return for everyone based on the data they receive from employers, banks and brokerages.