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Virtual Economies and Currencies: Additional IRS Guidance Could Reduce Tax Compliance Risks

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Citation Edit

Virtual Economies and Currencies: Additional IRS Guidance Could Reduce Tax Compliance Risks (GAO-13-516) (June 17, 2013) (full-text).

Overview Edit

This report (1) describes the tax reporting requirements for virtual economies and currencies, (2) identifies the potential tax compliance risks of virtual economies and currencies, and (3) assesses how the IRS has addressed the tax compliance risks of virtual economies and currencies.

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