Accounting / Заголовки новостей
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite. дальше »
2024-6-21 16:00
South Korea Wants Companies to Disclose Crypto Holdings
Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules. дальше »
2023-7-12 10:27
Crypto Tax Automation Startup TaxBit Secures Investment from Paypal, Coinbase, and Winklevoss Capital
According to an announcement on Thursday, Paypal, Coinbase, and Winklevoss Capital have invested in crypto tax automation startup TaxBit. The tax compliance startup seems to gain traction from prominent players in the crypto industry. дальше »
2021-1-9 23:11
The Internal Revenue Service (IRS) Sends Out ‘Crypto Tax Compliance’ Letters To Investors
The U.S. Internal Revenue Service (IRS) is once again sending out letters to cryptocurrency investors notifying them to pay their taxes and those that haven’t filed their taxes correctly. The taxman is increasing its efforts in collecting crypto transaction taxes, and those yet to file could be subject to “future civil and criminal enforcement activity. […] дальше »
2020-8-26 16:21
New Zealand Aims To Abolish Cryptocurrency Sales Tax While Income Tax Would Remain
The New Zealand government has held discussions in a bid to revise the Goods and Service Taxes applied to cryptocurrency. This would mean that cryptocurrencies exchanging ownership would be liable to a 15% GST and end up double taxing as they would still be keen on applying the income tax. The revenue authority Inland Revenue […] дальше »
2020-2-26 23:26
Decentralized Finance (DeFi) Grew To $668 Million In 2019, How Will Taxes Be Calculated?
2019’s decentralized finance (DeFi) boom that has led to more than $785 million being locked in crypto assets is giving accountants serious headaches. Antoine Scalie, the CEO of accounting startup Cryptio says complex assets and transactions make it for the accounting to be more difficult. дальше »
2020-1-18 00:33
Warning Letters Issued to Crypto Tax Evaders by Danish Tax Authority
As the definitions that cover cryptocurrencies evolve, countries have to decide how their taxes will apply. In Denmark, the tax authority has been pursuing consumers that have been avoiding the payment of their taxes that they should rightfully pay, due to their trading activity. дальше »
2019-12-11 17:25
The IRS Wants to Know If You Interacted With Cryptocurrency in Any Way in 2019
The Internal Revenue Service (IRS) has released a new Schedule 1 for 2019 tax season, putting out the details on above the line deductions, health savings account contributions, and tax break for student loan interest. дальше »
2019-12-8 06:13
IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018
An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […] дальше »
2019-11-15 23:56
The IRS and the Global Tax Enforcement are Analyzing Crypto Tax Evaders and Criminals
The criminal division of the U. S. Internal Revenue System (IRS) recently announced that it was able to identify dozens of people who were using cryptocurrencies to evade taxes or to commit crimes without getting caught. дальше »
2019-11-9 07:10
IRS Source: Cryptocurrency Holders and Traders to be Audited by US Tax Collection Agency
A trusted source has confirmed that the Internal Revenue Service is going to conduct audits on cryptocurrency activities. The source said that the tax collection agency is planning to unleash a batch of audit notices. дальше »
2019-10-26 19:51
EY (Ernst & Young) Releases New OpsChain Public Finance Manager Blockchain Tool
Ernst & Young (EY), one of the Big Four auditing firms, has recently launched a new blockchain-based product, a platform that was designed to enhance the transparency of the government. According to the reports, the new platform will be called OpsChain Public Finance Manager. дальше »
2019-10-17 23:06
Bank Of Canada Considers Its Own Digital Currency; An Easy Way To Track Spending Habits
The Bank of Canada is among the regulatory authorities around the world looking to launch their own digital currency. A recent internal report presented to its Governor, Stephen Poloz, highlighted some benefits that could come with this innovation. дальше »
2019-10-16 18:46
IRS Adds Taxpayer Questions Regarding if They Own or Transact in Cryptoassets
The U. S. Internal Revenue Service (IRS) has finally decided to acknowledge cryptocurrency in its reports. Now, U. S. taxpayer's will be asked whether they hold cryptocurrencies or not when they are reporting their taxes. дальше »
2019-10-12 23:59
Ohio State Treasurer Halts Cryptocurrency Tax Payments; Not A Popular Option Anyway
The state of Ohio has recently put hold on its online payment portal (OhioCrypto. com) that enables tax payments using Bitcoin crypto. It has been less than a year since OhioCrypto. com portal was launched in Columbus, Ohio’s state capital. дальше »
2019-10-3 16:53
France Will Not Tax Crypto to Crypto Trades, But Will Tax Gains If Converted To Cash/Fiat
The French government has finally decided how to tax crypto trading. According to the French economy minister Bruno Le Maire, all trades between cryptos are exempt from taxes but the gains will be taxed when they are converted back into fiat currency. дальше »
2019-9-13 23:36
Cali Politician Becomes First To Use Bitcoin Cash As Part Of New Cannabis Tax Remittance Initiative
In a recent press release shared on September 11 with Cointelegraph, a Californian city official has become the first politician to make use of crypto in buying cannabis. The announcement had it that Ben Bartlett, who is a member of Berkely City Council used Stablecoin Universal Dollar and Bitcoin Cash to purchase marijuana. It is […] дальше »
2019-9-12 19:13
New IRS Notice Could Be Trouble For Crypto Investors but Revenue Service Says It’s Not An Audit
The U. S. Internal Revenue System (IRS) has recently posted a new video on social media talking about the CP2000 notices it sent to people who did not pay their taxes as they should. This has troubled crypto investors, as most of them did not know how to pay their taxes due to lack of […] дальше »
2019-8-27 00:41
British Tax Division Resorts to Gathering Intel From Crypto Exchanges To Find Tax Evaders
The tax authority of the United Kingdom, HM Revenue & Customs, has recently revealed that it is about to take data from exchanges in order to get unpaid taxes. Three major exchanges, CEX.IO, Coinbase, and eToro, received letters last week that demanded them to give information about their customers to the government. According to reports, […] дальше »
2019-8-7 22:49
Israeli Bitcoin Investors Are Not Able To Pay Their Taxes Due to Banks Not Accepting Crypto Deposits
The lack of regulation around the crypto world creates some very curious loopholes. One of them can be seen right now in Israel as investors are currently unable to pay their own taxes because the banks are not accepting deposits with money that was somehow obtained using cryptos. Local investors are willing to pay their […] дальше »
2019-8-6 21:40
Brazilian Govt. Official Believes Economic Reforms May Result in Crypto Based Tax Evasion
Economic conditions within Brazil are quite shaky — with the nation’s unemployment rate currently laying around the 12. 5% mark. Owing to its various economic issues, many experts believe that crypto enabled technologies will be able to draw in many investors from across Brazil. дальше »