Arizona governor vetoes bill targeting taxes on blockchain node hosts

2023-4-14 01:01

The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level.

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Источник: cointelegraph.com

blockchain taxes → Результатов: 90

The Future of Financial Planning Lies in AI and Blockchain

AI and blockchain could assist in decisions around investments, taxes and insurance, and open up new avenues for income. But financial advisors will still play a key role.

2023-2-10 19:52	Markets
blockchain financial income new avenues advisors key

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How To Pay Taxes On Staking Crypto? This Is How You Report Staking Rewards On Your Tax Returns

Almost any activity you do in crypto involves some kind of transaction to be recorded on the blockchain. And any kind of transaction is an alert for tax authorities to come and get their piece of your pie.

2022-10-26 00:38	Tax Tools
any kind tax transaction your staking crypto

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The state of crypto in Western Europe: Swiss powerhouse and French unicorns

From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe.

2022-10-17 16:12	Cryptocurrency Exchange
europe western crypto professional associations all know

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Can the government track Bitcoin?

The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes.

2022-9-5 17:00	blockchain
bitcoin track companies attempt taxes criminals trace

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Crypto Taxes Fall Under EU Lawmakers' Gaze

Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection.

2022-4-22 10:42	policy
lawmakers crypto snooping unjustified reckon technology tax

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Lugano to accept Bitcoin and Tether

Polygon (MATIC/USD) and stablecoin Tether are supporting Swiss city Lugano’s aims to become the blockchain capital of Europe. People can pay parking tickets, taxes, tuition fees and utility costs in Bitcoin (BTC/USD), Tether and LVGA, Lugano’s stablecoin, Invezz learned from a press release.

2022-3-5 17:53	matic network
lugano tether stablecoin bitcoin usd utility fees

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CryptoTaxCalculator Brings Simple Tax Management to xDai

Undoubtedly the biggest storyline this tax season was how crypto holders would pay their taxes if accountants, lawyers and even the IRS had trouble accounting for it. xDai, a truly decentralized stable payments blockchain, is now offering such a service through a partnership with CryptoTaxCalculator.

2021-5-20 03:42	Industry
tax xdai cryptotaxcalculator truly decentralized accounting had

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IRS found a new way to go after US crypto users

Paying taxes on crypto has been something that the IRS has been very insistent on for quite a long time now. However, a lot of people who earn money through crypto trading still seem to believe that the nature of crypto and blockchain technology might be enough to protect them.

2021-5-10 15:41	Cryptocurrency
crypto irs through trading still money people

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Thai Tax Collector Eyes Blockchain Adoption for Improved Revenue Collection

Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery.

2020-12-8 00:00	Thailand
collection revenue thailand improved blockchain tax generated

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Money Reimagined: Trump, Crypto and Fairer Taxes

Trump's tax returns show the unfairness of the tax system and the need for reform. Blockchain governance offers some ideas.

2020-10-3 19:23
tax trump reform blockchain need offers ideas

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Lukka Co-CEO Explains How Blockchain Data Saves on Taxes

Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains.

2020-8-17 12:00	transactions
data lukka blockchain taxes explains co-ceo important

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Venezuela Mulls Tax Payments in Its Controversial Petro Cryptocurrency

Officials in Venezuela are mulling the payment of citizen taxes using the Petro cryptocurrency despite criticisms of it not being backed by a public blockchain, as per local reports Tuesday. Taxes Paid in Crypto Coming to Venezuela The Bolivarian Council of Bolivarian Mayors and Mayors signed this Sunday the National Tax Harmonization Agreement in 305Read MoreRead More.

2020-8-12 15:07	Venezuela
venezuela bolivarian taxes mayors cryptocurrency petro tax

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Blockchain Bites: Chainlink’s Interest, Ethereum’s ‘ReGenesis’ and Crypto Taxes

Retail interest in Chainlink is booming, Ethereum may follow Cosmos on its path to upgrade and the U.K. central bank is mulling a CBDC.

2020-7-15 19:28	Blockchain Bites
interest ethereum chainlink upgrade path bank cbdc

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Crypto Taxes a ‘Nightmare' — Congress Hears the Latest on Blockchain for Small Business

One of the witnesses at a recent government blockchain hearing said dealing with the current crypto tax scene is a mess

2020-3-5 22:19	IRS
blockchain crypto said dealing government recent hearing

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DISCUSSION: US Crypto Taxes Are a Nightmare. Could These Proposals Help?

Nobody likes taxes but for US based blockchain users things can be particularly awful. This week we discuss US tax treatment of "Virtual Currencies" and how scams find a home wherever opportunity exists, at least for a while.

2020-2-10 19:00
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How Blockchain Will Track Taxes (and Tax Cheats)

The chairman of the Global Blockchain Business Council is working with others on a way to add transparency and openness to taxes.

2020-2-7 22:59
taxes blockchain working others add openness transparency

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Koinly Review: Helping You Manage and Calculate Your Crypto Taxes

Koinly is an online platform for calculating your crypto taxes and tracking your portfolio. As it supports more than 100 countries, Koinly allows people from all around the world to generate their crypto tax reports.

2019-11-20 15:47	Guides
crypto taxes koinly your tax calculate helping

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Cred Merchant Solutions to Help Unbanked Business Sectors

Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes.

2019-11-3 14:50
business cred unbanked sectors help merchant solutions

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Blockchain a ‘democracy killer;’ could handicap NHS, City of London

At Computing‘s recent Cloud and Infrastructure Live event, Business 5. 0 expert and senior advisor to IBM and McKinsey & Co. , John Straw, predicted that blockchain would render the City of London irrelevant.

2019-10-25 14:00	ethereum
blockchain city london killer democracy handicap could

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Five biggest blockchain events happening in the US during Q4

It’s been a hard year for crypto users in the US. The IRS has started chasing down crypto taxes, various exchanges have withdrawn services from US users, and most recently, Telegram has come under the wrath of the SEC, accused of selling unregistered securities.

2019-10-21 20:21	People of Blockchain
crypto five users events blockchain happening biggest

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Ohio Suspends Bitcoin Tax Payment Services

In a press release issued on October 2, 2019, Ohio Treasurer Robert Sprague announced the suspension of the OhioCrypto. com website which allowed businesses to file their taxes with bitcoin (BTC. ) A Short-Lived Affair Ohio’s love affair with the premier cryptocurrency didn’t last particularly long as on October 2, 2019, the state’s Treasurer, Robert Sprague, statedRead MoreRead More.

2019-10-4 21:00
ohio bitcoin treasurer robert sprague affair 2019

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Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward

The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last year, ohiocrypto.

2019-10-3 15:35	Taxes
crypto ohio taxes pay bitcoin presses forward

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France: Crypto-to-Crypto Transactions Tax-Exempt Unless Traded for Fiat

France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019.

2019-9-13 17:00	Regulation
crypto transactions france cryptocurrency tax fiat tax-exempt

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Moonday Mornings: IBM wants to put your browser history on the blockchain, forever

Welcome to another Moonday Mornings. Let’s waste no time and take a look at the weekend’s cryptocurrency and blockchain headlines you can’t afford to miss. 1. Cryptocurrency traders in Israel are facing a sticky situation.

2019-8-12 11:29	hard fork
cryptocurrency trading moonday blockchain ibm mornings unpaid

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Bitcoin Aversion by Israeli Banks Hindering Crypto tax Payments

Israeli media sources say bitcoin traders in the country are finding it difficult to pay taxes as banks continue to refuse crypto deposits, August 6, 2019. Banks in many countries refuse to accept deposits from crypto-related activities based on fears of money laundering and other illicit financial activities.

2019-8-7 19:00
crypto bitcoin banks israeli refuse deposits activities

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U.S.: Cryptocurrency Investors Are Better Off Declaring Their Holdings and Paying Their Taxes

The IRS has sent warning letters to over 10,000 customers who have used Coinbase and can be declared as crypto investors with full confidence. Many experts have weighed in to offer their advice to retail investors, encouraging them to declare their assets and pay their taxes instead of trying to skirt by regulation.

2019-8-2 01:00
investors taxes cryptocurrency encouraging trying skirt retail

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Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M

Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports.

2019-7-29 10:55	hard fork
cryptocurrency irs letters mornings moonday suing exchange

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Canadian Startup Partners with Authorities to Launch Tax Payments in Bitcoin

According to a press release dated July 15, 2019, the city of Richmond Hill, Canada, is rolling out a project that allows residents to pay property taxes with bitcoin (BTC) through crypto startup, Coinberry.

2019-7-17 09:00	Taxes
bitcoin city canadian pay tax coinberry startup

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Congressman Ted Budd Asks for Lower Taxes on Cryptocurrency Transactions

Speaking at the U. S. House Ways and Means Committee on June 4, 2019, U. S. Republican Congressman Ted Budd mentioned two crypto specific bills he hopes would witness unanimous support from the Congress.

2019-6-11 23:00	Taxes
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Israeli Court Orders Bitcoiner to Pay Nearly $900,000 for Tax Evasion

The Israel Tax Authority has won a court case against Noam Copel, a Bitcoin investor and founder of a blockchain startup called DAV, who bought the cryptocurrency in 2011 and sold it in 2013 with a profit of NIS 8.

2019-5-24 18:00	Regulations
court bitcoin israeli million blockchain cryptocurrency tax

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Bitcoin Bull’s $800,000 Tax Bill Due as Israeli Court Rules Crypto is ‘Property’

By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes.

2019-5-22 15:39
bitcoin tax israeli copel court million currency

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IRS Commissioner Makes Crypto Tax Clarity a Priority

The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.

2019-5-21 20:54	Regulation
irs tax emmer rettig clarity 2019 issues

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Australian Tax Authorities Collect Crypto Data to Verify Tax Compliance

The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes.

2019-5-2 13:00	Taxes
ato australian cryptocurrency tax risks according release

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Op Ed: We Just Launched the First Cryptocurrency-to-Tax Payment Partnership

Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.

2019-4-23 17:42	Adoption
government cryptocurrency governments technology money million transaction

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EY Spends Millions Upgrading ‘Blockchain Analyzer’ to File Your Crypto Taxes

By CCN. com: Big Four accounting firm Ernst & Young (EY) wants to make filing your crypto tax returns easier. To this end, the auditing giant launched the second generation of its EY Blockchain Analyzer, a blockchain analytics tool.

2019-4-17 14:58
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U.S. Reps Tell IRS to Publish New Crypto Tax Guidelines

Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More.

2019-4-13 19:00	United States
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EU Commissioner Calls for Clear Cut Decision on Digital Tax

Margrethe Vestager, the EU Competition Commissioner, believes Europe need not wait for global consensus before deciding on a digital tax, Reuters reports. Vestager wants the EU to take the lead on imposing heavier taxes on U.

2019-4-9 11:00	Taxes
commissioner vestager tax digital taxes reuters according

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Cryptocurrency Tax Software CryptoTrader.Tax Announces Integration with TurboTax

According to a press release published April 4, 2019, Missouri-based tech start-up, CryptoTrader. Tax has successfully integrated with commercially successful tax software Intuit TurboTax. File Crypto Taxes in Minutes Many would agree that doing taxes is a tedious and complicated process.

2019-4-6 21:00	Taxes
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Canada Adoption: First Town Approves Paying Taxes With Bitcoin – What’s Next In Line?

The Ontarian town of Innisfil, Canada, has launched a pilot program in which local residents can pay their taxes… The post Canada Adoption: First Town Approves Paying Taxes With Bitcoin – What’s Next In Line? appeared first on Invest In Blockchain.

2019-3-29 09:41	Canada
taxes town canada next adoption line approves

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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes

Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.

2019-3-28 19:04	Regulation
coinberry bitcoin cryptocurrency taxes poliakov payment innisfil

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Interview with Michael Meisler, EY Global Blockchain Tax Leader

Michael Meisler, EY Glbobal BLockchain Tax Leader gives his thoughts on the current and future status of cryptocurrency taxes. The post Interview with Michael Meisler, EY Global Blockchain Tax Leader appeared first on CoinCentral.

2019-3-24 21:00
blockchain tax leader michael meisler global interview

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Ernst and Young Unveils Crypto Tax Accounting Tool to Help You Pay Bitcoin Taxes

Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool.

2019-3-6 01:05	John McAfee
accounting tax young ernst bitcoin tool said

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

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	Regulation
bill state medina businesses blockchain group california

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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes

According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.

2019-2-22 01:23	Adoption & community
state payment bitcoin taxes tax ohio platform

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Op Ed: Should You File a Foreign Bank Account Report for Bitcoin Holdings?

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	Investing
bitcoin foreign account fbar financial your irs

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TurboTax Now Offers Cryptocurrency Tax Services

Cryptocurrency exchange users will now be able to have their taxes done instantly as TurboTax announced on January 4, 2019, that they will be partnering with CoinsTax to offer this service. Paying Their Dues It would seem that on a daily basis, progress is made in getting a framework set up for cryptocurrency taxation.

2019-2-6 06:00
cryptocurrency turbotax taxation inread set getting progress

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Coinbase Announces New Resources for Crypto Taxation

Coinbase, the US-based digital asset exchange wrote in a blog post on Thursday about the confusion surrounding taxes in regards to cryptocurrency transactions. The exchange noted that both their customers and the broader crypto community who are US taxpayers need clarity on the issue.

2019-1-26 16:14	News
crypto coinbase cryptocurrency exchange new announces taxation

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New Hampshire & Pennsylvania: Crypto-Payable Taxes, Cryptocurrency Not “Money”

Lawmakers in New Hampshire put forward a new bill on January 3, 2019, which would see cryptocurrencies legitimized as an acceptable payment method for “taxes and fees” in July 2020. Meanwhile, Pennsylvania excludes crypto from the definition of money but eases operations for cryptocurrency businesses.

2019-1-26 02:00	Regulations
new cryptocurrency money hampshire pennsylvania bill taxes

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Coinbase Introduces Tax Support Resources for U.S. Customers

Coinbase, one of the largest American cryptocurrency exchanges, has introduced new resources for its U. S. -based customers to claim crypto trades on their taxes, the company announced in a blog post on January 24, 2019.

2019-1-26 00:00
coinbase taxes customers resources crypto filing cryptocurrency

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Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its “node licenses.”

Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’

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