Crypto Token Tracker logo Crypto Token Tracker logo
CoinGape 2024-06-04 19:43:29

Just In: FTX Proposes $200M Payment to IRS, Seeks Reduction from $24B

The bankrupt cryptocurrency exchange FTX has tentatively agreed with the United States Internal Revenue Service (IRS) to resolve a $24 billion tax dispute. The deal, which still requires court approval, proposes a substantial cut in the amount initially claimed by the tax authorities and outlines a repayment plan. FTX Agrees to $885M IRS Settlement Deal The post Just In: FTX Proposes $200M Payment to IRS, Seeks Reduction from $24B appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.