Month: July 2018

Crypto Up Next for IRS Enforcement

In an effort to maximize its limited resources, the IRS’ Large Business and International Division has been identifying issues that present greater risks of noncompliance. The list of identified issues has been growing since January 2017. Recently, the IRS added cryptocurrency to its list of compliance campaigns. In 2014, the […]

California Passes Sweeping Consumer Privacy Act

On June 27 the California Senate and Assembly unanimously approved the California Consumer Privacy Act of 2018 (CCPA), and Governor Jerry Brown signed it into law the same day. The CCPA was rushed through the legislative process to avoid passage of a more stringent privacy law planned for California’s November […]

GDPR – Do I Need Consent to Process Personal Data?

If you are handling personal data of EU citizens, you will need some justification in order to do so. Under the new rules, the basic concept of consent has not changed, nor has its role as a lawful basis for processing personal data: consent remains a possible option. However, the […]