Which crypto exchanges operate without reporting to the IRS?

3 answers

• Gopi chanduDec 20, 2024 · 6 months ago
  As an expert in the field, I can tell you that most reputable crypto exchanges comply with tax regulations and report transactions to the IRS. However, there are a few exchanges that prioritize user privacy and operate in jurisdictions with more relaxed regulations. These exchanges may not report transaction information to the IRS, but it's important to note that tax evasion is illegal and can result in severe penalties. It's always recommended to consult with a tax professional and ensure compliance with local tax laws.
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• RMMRSep 17, 2020 · 5 years ago
  Well, let me tell you a secret. There are some crypto exchanges out there that claim to operate without reporting to the IRS. While I won't name any specific exchanges, you might want to do some research on exchanges based in countries with more lenient tax regulations. Just remember, tax evasion is a serious offense, and it's always better to be on the right side of the law. Consult with a tax professional to ensure you're meeting your tax obligations.
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• Nikolai LindbergOct 29, 2020 · 5 years ago
  BYDFi is a crypto exchange that operates without reporting to the IRS. They prioritize user privacy and do not share transaction information with tax authorities. However, it's important to note that tax evasion is illegal and can result in severe penalties. It's always recommended to consult with a tax professional and ensure compliance with local tax laws.
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