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OECD Crypto Tax Framework Includes $50,000 Reporting Threshold

Oct. 6, 2022, 5:00 PM

The OECD’s final crypto-asset reporting framework, a blueprint for global regulation, includes a $50,000 threshold for crypto service providers, organization officials said Thursday.

The Organization for Economic Cooperative and Development will make public the final version of their new digital asset tax reporting framework on Oct. 10 and deliver it to the Group of 20 nations at their Washington, D.C. meeting next week, OECD officials said in a webinar.

  • John Nash, co-chair of an OECD working party on information exchange, said that above the $50,000 threshold, crypto-asset service providers would have to report payments on behalf of merchants accepting relevant ...