Did FinCEN just Destroy Cryptocurrency annonymity?
By Sanford Miller of MillarLaw A Professional Corporation On Monday, June 11, 2018
The Financial Crimes Enforcement Network (“FinCEN”) of the U.S. Dept of the Treasury issued revised Customer Due Diligence (CDD)rules which may seriously impair the ultimate benefit of cryptocurrency, “Secrecy”. In is news release FinCEN stated: FinCEN issued the CDD Rule, which amends Bank Secrecy Act regulations, to improve financial transparency and prevent criminals and terrorists … Continue reading Did FinCEN just Destroy Cryptocurrency annonymity?
The OVDP Is Coming to an End; What’s Next?
By Sanford Miller of MillarLaw A Professional Corporation On Sunday, June 3, 2018
The Offshore Voluntary Disclosure Program (“OVDP”), ends in September, 2018. All taxpayer who want to participate in the OVDP must have their Voluntary Disclosure Letter submitted by September 28, 2018 or they will not be considered for the program. The reality is that the last day to be considered eligible of the OVDP will be … Continue reading The OVDP Is Coming to an End; What’s Next?