The Belgian Special Tax Inspectorate (STI), De Standaard reported Friday, March 2.

After receipt of information from several Belgian taxpayers having been trading on Finnish crypto exchanges, the STI started looking into the boxes of three Belgians involved, with a fourth file no case, " The Brussels Times wrote.

According to a rule introduced in Belgium last year, crypto speculators are obliged to pay a 33 percent tax on crypto profits, filed under the" various income "section on the tax form.

Due to the anonymous nature of crypto trading platforms, De Standaard writes that the crypto tax rule has been hard enforce. However, the STI's plans to follow the example of the US's Internal Revenue Service (IRS), which is the United States' US-based cryptocompressive exchange and coercion of coinbase to turn over the data on 13,000 customers for tax enforcement purposes.

Belgian Coinbase users, according to De Standaard. Belgian tax authorities will try to use the double taxation treaty between Belgium and the United States.

Francis Adyns, a representative of the FPS Finance, a Federal Public Service of Belgium, told De Standaard :

"It will be investigated whether or not there is such a question of the IRS […] There are several other websites that deal in bitcoins and many other crypto coins.

While the IRS had been in the process of becoming a member of the board of directors What is the information on "high volume" users needed to be given to the IRS.