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The Danish regulators are demanding the Bitcoin dealer's unpaid tax




Cryptocurrency traders are being subjected to closer scrutiny in Denmark.

It comes after the country's tax authority received permission to collect data on cryptocurrency transactions made on three exchanges between 2016 and 2018 .

According to a statement published on the agency's website, the tax authority is granted access to this information for the first time.

Therefore, the stock exchanges must provide information, eg. For example, names of traders, addresses and total trade amount in fiat and virtual currency, fees paid and personal tax numbers. However, the exchange of information can not be welcomed by Bitcoin BTC enthusiasts, who are passionately defending the pseudo-anonymous nature of the cryptocurrency.

Chief tax officer Karin Bergen, quoted in the statement, said: "With the permission of the Danish Tax Council, will be given access to the transactions made through the Danish stock exchanges for the first time. This opens up completely new possibilities in terms of control in the region. "

" Without going too far, one can say that this is a big market we need to take a closer look at, "added Bergen.

The agency is already in contact with the relevant crypto currency exchanges and it is expected that a decision on taxation will be taken before the summer.

Today's news comes after the Danish tax authorities received a notice from their Finnish counterpart in December

At the time, the authorities were made aware that about 2,700 Danes were trading cryptocurrencies on an unnamed Finnish stock exchange but were not making profits or losses ,

The years from 201

5 to 2017 It is estimated that they amounted to 15 million US dollars (100 million DKK).

Published January 14, 2019 – 12:57 UTC


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