[2017-01-16] DCEBrief - Coinbase CEO Responds to IRS Summons with Alternative...

[Chase]

Coinbase CEO Responds to IRS Summons with Alternative Option

Coinbase co-founder and CEO Brian Armstrong published an online post on Medium this weekend to explain his company’s position on the ongoing battle with the Internal Revenue Service (IRS) over the tax agency’s effort to access information about Coinbase customers. He also took the opportunity to offer another option that would negate the need for the John Doe Summons by issuing all Coinbase customers a 1099-B at the end of each year.

https://dcebrief.com/coinbase-ceo-responds-to-irs-summons-with-alternative-option/