[2016-07-06]European Commission Targets Bitcoin in Tax Evasion Clampdown

[BTCBinary]

European Commission Targets Bitcoin in Tax Evasion Clampdown

Tax evasion through offshore accounts and shell companies remains a serious problem. The European Commission unveiled their plans to Clamp down on these practices moving forward. Clamping down on individuals and companies trying to avoid paying taxes is the primary objective right now.Moreover, the commission will also go after lawyers and tax advisers helping clients to sluice money to tax havens...

http://www.newsbtc.com/2016/07/06/european-commission-targets-bitcoin-tax-evasion-clampdown/

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[Ned Kelly]

European Commission should do it long ago. Maybe, after Cyprus.

It's unbelievable, how some people think that they can use bitcoin for tax avoidance.
After Panama papers scandal they probably understood that offshore companies leave some paper trail.
Bitcoin if used wisely would be much safer for them.

So, shame on these tax avoiders, for using bitcoin.

[Kaneki]

Transparency is a vital aspect of bringing money laundering and tax evasion to a halt. However, despite these proposals, there are still loopholes to take advantage of. For example, the registration requirements only apply to trustees in EU member states. Moreover, it remains to be seen how they will try to “oversee” Bitcoin since there is no room for central authorities to take control.

[Karartma1]

Tax evasion has always been around, way before bitcoin. I don't get why so much fuss around it. Bitcoin is hard enough not to be bent by these idiotics and useless policies' attempts