By statutory definition if an adjustment yields no additional tax owed the action can still be treated as evasion by the taxpayer. True False QUESTION 7 Taxpayer uses a unit of virtual currency to purchase a new car. Which of the following statements is true regarding this transaction? Taxpayer must include the car as a business assets since they used virtual currency in its purchase. Taxpayer may use a depreciated value for the FMV of the car purchased in any calculations related to this transaction. There is no tax implication to this transaction Taxpayer will be required to calculate and report taxable gain or loss on the unit of currency used to purchase the vehicle