Сoinbase dispatches tax receipts

Income received from crypto operations goes under taxation since the beginning of this year: in January American stock exchange Coinbase sent tax receipts for carried out transactions for the first time. The receipt dispatch contained a safe link to a tax form "1099-K" and was sent to those American users who had carried out more than 200 transactions or operations worth more than $20,000 throughout the last year. Сoinbase is at gunpoint of tax service of the USA since last November when court ordered the company to report personal data of 14,355 account holders, who bought, sold, received or sent more than $20,000 in cryptocurrencies within 2013 and 2015.