2022-6-3 21:00 |
The venture capital firm released an analysis today further underlining the possible U.S. legal structures for DAOs, and suggesting it might be best not to run offshore to avoid taxes.
Similar to Notcoin - Blum - Airdrops In 2024
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India is beginning to warm up to cryptocurrencies as it has been given validity under the law. India’s new cryptocurrency rules put digital assets in the highest cadre of taxation. Although the taxes on cryptocurrency are massive, analysts believe that it signals progress.
2022-2-3 23:39 | |
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India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs… The post Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says appeared first on Coin Journal.
2022-2-3 17:37 | |
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“There will be no taxes to pay on either the capital increase or the income,” the legal adviser to President Nayib Bukele said.
2021-9-14 13:48 | |
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El Salvador president Nayib Bukele said in a tweet last night that investors will pay no capital taxes on Bitcoin gains, a day after announcing the asset could soon be ‘legal tender’ in the country.
2021-6-7 14:00 | |
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South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.
2021-1-7 15:17 | |
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Canada’s tax authority, the Canadian Revenue Agency (CRA) has been trying to seek out the country for anyone who may have made gains for trading crypto. There is a strong suspicion that many have not paid their taxes on their crypto earnings, and so CRA took legal action against crypto exchange Coinsquare in order to force it to hand over seven years of user data.
2020-11-7 11:24 | |
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The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities.
2019-11-5 22:30 | |
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New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007.
2019-8-12 14:02 | |
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It’s not like any of us went to a store for unethical people and told the clerk to load us up with dozens of products and services developed by companies that have no regard for personal privacy, human rights, or the future of our planet.
2019-6-8 00:17 | |
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Bitcoin Is An Asset, Not A Currency, According To Israeli Courts In Israel, a court ruled that Bitcoin and other cryptocurrencies are considered assets, rather than currencies. Founder of DAV. Network will be forced to pay over $830,000 in taxes from his revenue incurred between 2011 and 2013.
2019-5-22 22:08 | |
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With April 15th looming large on the financial calendar of most Americans, the 2018 tax year will present some challenging scenarios for many. How to account for loses? Do offshore exchange wallets require ‘FBAR’ reporting? Can I trust the advice I’m receiving? We ask legal and accounting experts for their take on some important crypto tax questions.
2019-4-13 23:00 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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If you run a small business and want to attract more customers by offering bitcoin payments, you may be wondering where to start. Keep in mind that it’s definitely not a way of avoiding taxes. Bitcoin is simply another legal way to receive payment for goods and services.
2019-2-8 01:00 | |
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I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.
2019-2-7 20:39 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15.
2018-12-14 03:12 | |
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South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism.
2018-11-9 00:00 | |
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Companies are interesting creatures. In a legal sense, a company is a person, as it has all the rights that you and I do. A company can own property, file lawsuits, pay taxes, and generate profits.
2018-10-8 17:18 | |
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After slashing taxes on profits made from cryptocurrency trading by more than half, France has now implemented a new legal framework for initial coin offerings (ICOs). Is Europe’s third largest economy transforming into a haven for cryptocurrency? Also read: Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned French Lawmakers […] The post New French Law Sets Out Guidelines For ICOs appeared first on Bitcoin News.
2018-9-14 07:15 | |
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Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix.
2018-9-11 16:58 | |
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Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings.
2018-8-18 22:30 | |
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Hungary is reportedly working on a regulatory framework for cryptocurrencies but doesn’t consider them a legal tender yet. The country’s current legislation imposes steep taxes, making it a fairly unwelcoming territory for cryptocurrency investors.
2018-8-15 02:00 | |
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In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release.
2018-7-4 23:36 | |
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Some crypto investors resort to putting their crypto in legal entities such as corporations, LLCs or partnerships
2018-6-27 12:45 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Arkham's entry into spot trading could intensify competition, potentially driving innovation and regulatory scrutiny in the crypto market. The post Arkham to debut spot trading platform, competes with Coinbase, Crypto.com appeared first on Crypto Briefing.
Microsoft's consideration of Bitcoin investment could influence other major corporations to reevaluate their cash management strategies. The post Michael Saylor to present Bitcoin investment strategy to Microsoft’s board appeared first on Crypto Briefing.
ai16z and Ryze Labs launch AICombinator with a $5M fund to support developers and drive AI-crypto innovation. The post ai16z partners with Ryze Labs to launch AICombinator with $5M fund appeared first on Crypto Briefing.
Donald Trump to meet Coinbase CEO Brian Armstrong in a discussion that might include SEC leadership and plans for the crypto advisory council. The post Trump set to hold private meeting with Coinbase CEO appeared first on Crypto Briefing.
Trump's TMTG is discussing acquiring crypto exchange Bakkt to expand its market presence, using its stock for the deal. The post Trump’s social media group in talks to buy crypto exchange Bakkt appeared first on Crypto Briefing.
Goldman Sachs' blockchain venture could accelerate financial innovation, potentially reshaping industry standards and enhancing market efficiency. The post Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements appeared first on Crypto Briefing.
Key takeaways XRP rallied by over 80% in a week to hit $1 amid a favorable regulatory shift. Vantard’s presale now stands at $838k as more investors troop into the project. XRP rallies to $1 XRP, Ripple’s native coin, has rallied more than 80% over the last seven days.