OECD tax director says international crypto tax standards are coming in 2021 By Cointelegraph

OECD tax director says international crypto tax standards are coming in 2021

CryptocurrencyNov 28, 2020 12:40AM ET

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OECD tax director says international crypto tax standards are coming in 2021

Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has asserted that the 37-nation organization will introduce a common reporting standard, or CRS, for crypto assets in 2021.

According to Law360, Amans stated that the crypto tax standard “would be roughly equivalent to the CRS” developed by the Organisation for Economic Co-operation and Development to combat tax evasion.

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OECD tax director says international crypto tax standards are coming in 2021

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