Cryptocurrency Q&A Does the IRS track Binance?|Does Binance report to the Internal Revenue Service (IRS)? Binance no longer operates in the United States and because of this, . Binance's American subsidiary — Binance.US — issues Form 1099-MISC to customers and the IRS.likely does not report to the IRS

Does the IRS track Binance?|Does Binance report to the Internal Revenue Service (IRS)? Binance no longer operates in the United States and because of this, . Binance's American subsidiary — Binance.US — issues Form 1099-MISC to customers and the IRS.likely does not report to the IRS

benjamin_doe_philosopher benjamin_doe_philosopher Sat Jun 08 2024 | 7 answers 1561
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? Does the IRS track Binance?|Does Binance report to the Internal Revenue Service (IRS)? Binance no longer operates in the United States and because of this, . Binance's American subsidiary — Binance.US — issues Form 1099-MISC to customers and the IRS.likely does not report to the IRS

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