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What does the cryptocurrency boom mean for accountancy?

Oliver Cummings Nov 17, 2017

Cryptocurrency boom guideCryptocurrencies have implications for all areas of accountancy, including income tax, corporation tax, cross border B2B payments and compliance. But there’s a lack of consensus and clear guidance on cryptos from tax authorities. 

There will inevitably be scams and bubbles, but the utility value of this technology has led to a consensus that cryptos are here to stay. So accountants everywhere should be getting to grips with them.

 

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