Definition ∞ Tax enforcement priority refers to the specific areas or kinds of activities that a tax agency designates as main targets for adherence and collection efforts. These priorities are typically selected based on the potential for notable income creation or the widespread nature of non-compliance. For digital assets, it means tax bodies are actively directing resources toward finding undeclared crypto earnings, dealings, or holdings. This focus seeks to guarantee just and consistent application of tax rules.
Context ∞ Tax enforcement priority concerning digital assets is an increasing tendency globally, often mentioned in financial reports. Governments are more and more worried about the possibility of tax avoidance made easier by the anonymous nature of some cryptocurrencies. Agencies are employing data analysis, information exchange agreements such as the OECD Crypto-Asset Reporting Framework, and public communication to locate and pursue taxpayers not in compliance. This intensified focus shows a clear movement toward more forceful collection approaches in the digital asset domain.
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