The OECD has released a framework for cryptocurrency tax reporting, allowing the sharing of cryptocurrency taxpayer information among 38 member countries

ChainCatcher news, the Organisation for Economic Co-operation and Development (OECD) has released a framework for crypto tax reporting, which allows for the automatic sharing of taxpayer information related to cryptocurrencies between jurisdictions, formalizing information sharing among 38 member countries. The aim is to enhance regular information sharing between countries to reduce tax evasion involving digital assets. In addition to information sharing between countries, the framework also includes model rules for domestic taxation of digital assets. The framework will be officially announced at the G20 central bank governors and finance ministers meeting in Washington, D.C. this week. (source link)