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    <title>New Crypto Tax Reporting Rules And Its Implications</title>
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    <description>Under the CARF, crypto-asset service providers must perform customer due diligence, capture identity details, tax residency, and full transaction histories including gains and losses, and report this standardized information to competent authorities for automatic exchange; UK rules require reporting 2026 activity by May 31, 2027, and impose fines, interest, account suspension, and enhanced penalties for inaccurate information or unpaid tax.</description>
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