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Marking an essential development for crypto and worldwide tax reporting, on October 10, the OECD finalized its Crypto-Asset Reporting Framework (CARF) for the automated exchange of tax records on crypto transactions. The intergovernmental frame u2013 composed of 38 member countries with the challenge to stimulate monetary progress and world alternate u2013 also amended and aligned its present policies below the not unusual Reporting trendy (CRS) for the exchange of information on financial property. those up to date guidelines clarify reporting obligations for the crypto economic system and will help
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