Crypto community criticizes US new airdrop tax guidance

2019-10-18 16:22

The US Internal Revenue Service published an updated version of the tax calculation guidance for crypto assets. But the new recommendations raise more questions than give answers.

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tax guidance → Результатов: 54


Cryptocurrency Tax Preparation Firm Calls Out Coinbase Regarding Questionable Airdrop Details

According to CCN, a crypto tax preparation firm sent it a “consumer warning” outlining two crypto tax elements that other exchanges such as Coinbase and Intuit have been doing wrong. The warning stated concerning Coinbase, “The online tax guidance provided by Coinbase implies that airdrops are taxable as ordinary income—which is reported on Line 21 […]

2019-4-10 19:08


UK tax agency releases guidance for crypto holders

On December 19, the United Kingdom’s tax agency released a comprehensive explanation of how it sees crypto assets and how individuals may be taxed on their holdings, CoinDesk reported. Her Majesty’s Revenue and Customs (HMRC), the government agency responsible for collecting taxes and overseeing other aspects of the nation’s coffers, explained that the report specifically […]

2018-12-19 19:21


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US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance

On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US […] The post US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance appeared first on Bitcoin News.

2018-9-21 04:25