So shouldn't they only require Coinbase hand over "material transactions"?
Say someone bought Bitcoins from Coinbase and transferred them to their own wallet outside of Coinbase. They haven't sold them, so there's no taxes to pay and nothing to report to the IRS, right? How is the IRS going to…
So shouldn't they only require Coinbase hand over "material transactions"?
Say someone bought Bitcoins from Coinbase and transferred them to their own wallet outside of Coinbase. They haven't sold them, so there's no taxes to pay and nothing to report to the IRS, right? How is the IRS going to…