Tax evasion through cryptocurrencies

Atanas  Lyondev

Vol. 3 No. 4 (2019), ECONOMY AND FINANCE

Vol. 3 No. 4 (2019)

Tax evasion through cryptocurrencies

ECONOMY AND FINANCE

Published 31-12-2019

Atanas Lyondev⁺⁻

Atanas Lyondev

Higher School of Security and Economics

PDF

Keywords

cryptocurrency
bitcoin
blockchain
crypto-business
crypto wallets
tax treatment

How to Cite

Tax evasion through cryptocurrencies. (2019). Politics & Security, 3(4), 29-38. https://politics-security.net/index.php/ojsdata/article/view/104

Abstract

Bitcoin is an innovative currency that is not regulated by governments like any other cryptocurrency. Cryptocurrencies can make payments very quickly and at almost no cost. One of the advantages of bitcoin is the fact that the virtual currency avoids the main problem inherent in conventional currencies, namely inflation. One of the big advantages is anonymity. Nobody knows how much bitcoin a person owns. It is also not known what transactions make and a new way to avoid paying taxes.

PDF

References

Desai, Mihir C., Fritz Foley and James R. Hines, Jr. Domestic Effects of the Foreign Activities of US Multinationals. – In: American Economic Journal: Economic Policy, February 2009.

Haber, S., W. S. Stornetta. How to time-stamp a digital document. – In: Journal of Cryptology, vol. 3, No 2, 1991.

Randolph, William C. International Burdens of the Corporate Income Tax. – In: Congressional Budget Office, August 2006.

https://www.crunchbase.com/person/david-chaum

http://wreview.eu/s/Blockchain.html

https://en.wikipedia.org/

https://bg.wikipedia.org/

https://bitcoinborsa.bg/

http://blog.bitcoin.bg/

https://www.cryptodnes.bg/

https://money.bg/

https://money.bg/finance/zashto-bankite-se-strahuvat-otbitcoin.html

https://www.ruskov-law.eu/sofia/article/bitcoin-pravo-danyci.html