![british-taxman-seizes-3-nfts-for-the-first-time-in-tax-fraud-probe-min Euro bank notes and coins with HM revenue and customs word](https://coingeek.com/wp-content/uploads/2022/02/british-taxman-seizes-3-nfts-for-the-first-time-in-tax-fraud-probe-min-380x188.png)
British taxman seizes 3 NFTs for the first time in tax fraud probe
Her Majesty’s Revenue and Customs (HRMC) also seized $6,700 worth of digital assets and arrested three people alleged to have defrauded the gov’t of $1.9 million in taxes.
Her Majesty’s Revenue and Customs (HRMC) also seized $6,700 worth of digital assets and arrested three people alleged to have defrauded the gov’t of $1.9 million in taxes.
The tax agency issued a guide on what it will consider for taxation, while stating that it considers Bitcoin as commodity not currency.