Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotia - An early investor in bitcoins dubbed the"Bitcoin Jesus" has been arrested in Spain on U.S. charges that he evaded paying at least $48 million in taxes, the U.S. Department of Justice said on Tuesday.
"Mr. Ver relied on leading tax professionals to help him report his Bitcoin and he always intended to fully comply with his U.S. tax obligations," Skarlatos said."We look forward to establishing his innocence in court, if necessary." Specifically, when someone gives up their citizenship, their property is treated as having been sold for its fair market value the day before they renounced their citizenship in a"constructive sale."
Prosecutors said Ver hired a law firm to help him prepare his expatriation-related tax returns and an appraisal to value his companies, but provided them false or misleading information about how much of the cryptocurrency they in fact owned.
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