Following a Freedom of Information request, London-based independent law firm Gherson Solicitors has shown that HMRC has requested information from other tax administrations to obtain information held by cryptoasset exchanges and data holders outside the UK.

Thomas Cattee, a crime lawyer at Gherson Solicitors, commented: “Whilst it is not surprising, and indeed perfectly normal, to find that HMRC is using statutory powers to gather information as part of their ongoing obligation to collect taxes, it may be news to some that they are doing this in conjunction with powers outside of the United Kingdom and in fact gathering data i...