TechFlow reports that dozens of major countries have issued a joint statement agreeing on a set of cryptocurrency tax rules—the Crypto-Asset Reporting Framework (CARF)—and plan to incorporate it into domestic legislation and activate exchange agreements by 2027.
These countries aim to use CARF to enhance tax compliance and combat tax evasion. CARF is expected to go into effect starting in 2027, helping these nations tackle tax evasion involving digital assets.
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