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UK HMRC Publishes Internal Manual on Cryptoassets

|Approved Changes|United Kingdom
United Kingdom

On 30 March 2021, UK HMRC published a new internal manual, Cryptoassets Manual. The manual is meant to help people understand the tax implications that can arise from transactions involving cryptoassets. Although written for HMRC staff, the manual may also assist taxpayers and their professional advisers in understanding HMRC's interpretation of the law as it relates to cryptoassets, including…

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