UK Enforces New Crypto Tax Reporting Rules Under OECD CARF
UK introduces CARF rules requiring exchanges to report user crypto transactions and tax residency to HMRC by May 2027. The UK, alongside more than 40 countries, began enforcing new crypto tax reporting rules on January 1 under the OECD’s Cryptoasset Reporting Framework (CARF). Major exchanges must now collect wallet activity, past transaction history, and tax...
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