Sweden requires crypto miners to pay $90 million in unpaid taxes

Bitget App

Trade smarter

2024/04/18 08:49

ChainCatcher news, according to Cointelegraph, Swedish cryptocurrency mining companies were found to have evaded more than $90 million in taxes over the past four years after a government investigation.

The Swedish Tax Agency investigated the operations of 21 cryptocurrency mining companies and found that 18 of them provided “misleading or incomplete” information to obtain tax benefits. These companies avoid paying VAT by providing misleading business descriptions, or find other ways to evade paying import duties and income taxes.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

DWF executive: Current volatility is normal for bitcoin and represents a buying rather than a selling opportunity

Data: ETH and SOL prices have significantly dropped below the purchase cost of major treasury companies, with BMNR incurring an unrealized loss of over 2.8 billions USD.