CRYPTO: Crypto Pioneer Roger Ver (Bitcoin Jesus) Faces $48M Tax Showdown with the IRS

Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December 2024, his legal team requested the dismissal of the charges, arguing that unclear tax rules and improper prosecution were at play. The court is set to review the case in February 2025.

This high-stakes battle sheds light on the growing challenges of crypto taxation. With tighter international tax rules and advanced blockchain tracking, offshore tax evasion is increasingly difficult, raising concerns for crypto investors worldwide.

 

28 February 2025

CLIMATE FINANCE: G20 Urged to Tax Super-Rich for Green Future

In January, Greenpeace activists sent a clear message at the World Economic Forum in Davos, Switzerland: #TaxTheSuperRich to fund a green and just future. They blocked the entrance to a heliport, infiltrated

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25 April 2025

SWITZERLAND: Report accuses Starbucks of tax avoidance through ‘ethical’ Swiss subsidiary

A report accuses Starbucks of shifting $1.3 billion in profits over the past decade to its Swiss subsidiary to avoid higher taxes in other countries.The little-known outfit in Lausanne sources unroasted

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28 February 2025

EU: Pressure grows on 8 EU countries to slash ‘paradoxical’ power taxes

Continued elevated electricity prices are upping the pressure on the eight holdout EU countries that cling to their high power tax rates.  For years, the EU has struggled with reforming the bloc’s

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11 October 2024

GREECE: Greek Tax Authorities Say Over 215,000 Tax Evasion Complaints Recorded

The appodixi digital platform produced 28,910 complaints, of which 3,879 are anonymous, and 25,031 are eponymous An online digital platform launched by the Greek tax authorities called “appodixi”

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