How effective is domestic crypto tax enforcement? 🤔 Our latest WP shows its limits—crypto remains a major challenge for regulators, with tax evasion persisting despite new reporting rules. 🌍 Global coordination is needed to tackle this challenge. 🔗 www.taxobservatory.eu/publication/...

🔍 New research finds that despite stricter rules in Denmark 🇩🇰, over 90% of crypto investors fail to declare income! Domestic enforcement alone has limited effectiveness—global coordination is key to tackling crypto tax evasion. Read more via @taxnotes.bsky.social: www.taxnotes.com/tax-notes-to...