Best way to learning about blockchain & crypto knowledge for free here 1 questions
Does the IRS keep tabs on Binance? I've heard rumors that Binance submits reports to the Internal Revenue Service, but is this actually the case? Given that Binance has ceased operations in the United States, does this mean they're no longer accountable to the IRS? However, Binance's American subsidiary, Binance.US, reportedly issues Form 1099-MISC to their customers. Does this suggest that Binance.US is the only entity required to report to the IRS, while Binance itself likely escapes IRS scrutiny? Could you clarify this matter for me?
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users