The Joint Chiefs of Global Tax Enforcement (J5) has announced the publication of two reports (advisories) on the use of cryptocurrency trading desks and cryptocurrency payment processors to obfuscate and move funds for tax evaders and money launderers.
The J5 is comprised of the Australian Taxation Office (ATO), the Canada Revenue Agency (CRA), the Dutch Fiscal Information and Investigation Service (FIOD), HM Revenue & Customs (HMRC), and the Internal Revenue Service Criminal Investigat…