2020-12-10 12:34 |
"Bruno Brock" is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself.
Similar to Notcoin - Blum - Airdrops In 2024
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Italy has recently become the latest country to introduce a tax on cryptocurrency transactions. Under new legislation passed by the Italian government, a 26% tax will be levied on gains made from cryptocurrency investments.
2023-5-4 00:29 | |
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In our previous articles about cryptocurrency tax calculators, we mentioned the importance of proper tax calculations, because you know that old saying: there are only two things you have to do in life: die and pay taxes.
2022-6-4 18:07 | |
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In our previous articles about cryptocurrency tax calculators, we mentioned the importance of proper tax calculations, because you know that old saying: there are only two things you have to do in life: die and pay taxes.
2022-6-3 17:42 | |
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A taxation frenzy has gripped cryptocurrency markets worldwide, as several countries introduced tax regimes for the nascent asset class over the past few weeks. The latest such development has popped The post Venezuela: New tax regime levies upto 20% tax on cryptocurrency transactions appeared first on AMBCrypto.
2022-2-7 17:00 | |
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In our previous articles about cryptocurrency tax calculators, we mentioned the importance of proper tax calculations, because you know that old saying: there are only two things you have to do in life: die and pay taxes.
2021-9-26 15:22 | |
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The IRS is again playing a good and a bad cope with Americans as ambiguous tax bills proposed by Senators have been met with mixed feelings in the cryptocurrency community. The post Latest Cryptocurrency Tax Moves in the U.S. Explained appeared first on BeInCrypto.
2021-8-9 18:00 | |
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South Korea’s parliament is considering delaying the implementation of its cryptocurrency tax laws until the start of 2022. Back in June, the country’s government announced plans to introduce a capital gains tax on cryptocurrency trading beginning in 2021.
2020-11-25 13:20 | |
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Gemini Trust Co. LLC, a cryptocurrency exchange and custodian, will soon deploy TaxBit’s Tax Center Suite technology to provide its users with completed cryptocurrency tax...
2020-11-3 10:53 | |
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The U. S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.
2020-8-27 23:30 | |
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In our previous articles about cryptocurrency tax software, we mentioned the importance of proper tax calculations, because you know that old saying: there are only two things you have to do in life: die and pay taxes.
2020-2-27 00:51 | |
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National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed the notion that they might be […] The post How to Navigate the Minefield of Cryptocurrency Taxation appeared first on Bitcoin News.
2019-11-23 02:00 | |
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Cryptocurrency tax evaders may not be able to hide in the shadows any longer, as tax agencies are now on the alert. Countries like Japan and Australia have placed virtual currency evaders on their priority list and are seeking effective means to nab cryptocurrency tax offenders.
2019-6-7 01:00 | |
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A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US Internal Revenue Service to fight cryptocurrency-powered crimes such as tax fraud, has 60 open investigations, but the Sydney Morning Herald reports it’s now considering additional 50.
2019-6-6 14:40 | |
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5 cryptocurrency tax questions to ask on the U.S. tax payment deadline
2019-4-16 15:44 | |
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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 | |
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Around this time of the year, many tax deadlines for many states and countries around the world seem to be fast approaching. Because this is going on in many places, people are naturally thinking about tax and whether cryptocurrency has any effects on the calculation and collection of tax. In some places, cryptocurrency investments became […]
2019-3-8 02:57 | |
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SKAT plans to adjust tax documents for cryptocurrency trades made from 2016 to 2018.
2019-1-15 22:01 | |
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U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay taxes on their holdings.
2018-12-19 12:30 | |
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It’s been another weekend of hodling and waiting for the markets to do something. Of course, we can’t make that happen, but what we can do, is bring you a round up of the weekend’s top cryptocurrency and blockchain stories from around the web.
2018-12-10 12:48 | |
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Big time cryptocurrency traders in Japan could be getting a letter from the tax man next year. The Japanese government is developing a system to catch those who are not paying the appropriate taxes on the profits made from cryptocurrency trading, according to local news.
2018-12-4 12:43 | |
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To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be.
2018-10-20 22:00 | |
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Japanese Government Working to Simplify Cryptocurrency Tax Filings Japanese tax authorities are not leaving anything to chance – as cryptocurrency investments continue to rise in the country – they are now seeking ways to ensure taxes from crypto investments are duly recorded and collected.
2018-10-18 20:23 | |
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The South African tax agency has put forward a draft to tax income derived from cryptocurrency.
2018-8-8 13:40 | |
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The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value.
2018-8-1 02:36 | |
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With the international regulatory drive to tackle tax evasion by cryptocurrency users, combined with a lack of clear guidance from authorities in many places, everyday people are concerned about handling reporting themselves.
2018-7-18 10:15 | |
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The average cryptocurrency user trades or holds assets on around 4 to 5 different digital currency exchanges and wallets simultaneously. Thus, keeping track records for tax purposes becomes increasingly difficult.
2018-7-7 20:25 | |
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The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition tasked with combating cryptocurrency-related tax crimes.
2018-7-5 03:00 | |
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The Japanese government is discussing the possibility of switching from progressive tax rate on cryptocurrency capital gains to a uniform one.
2018-6-27 17:37 | |
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South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments. 10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the cryptocurrency world this year.
2018-6-24 02:00 | |
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The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action.
2018-6-23 02:13 | |
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The Securities and Exchange Commission (SEC), recently, noted that Bitcoin and Ethereum could not be considered “securities. ” While this made investors cheer, there is still one complicated regulatory battle they have to win.
2018-6-22 14:31 | |
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The Australian tax year is about to draw to a close, you know what this means? Crypto-tax returns. A few months ago, we saw a similar situation in the US that in turn encouraged the crush of the markets.
2018-6-22 13:00 | |
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Advertisement Thursday marked a historic day for bitcoin, as the flagship cryptocurrency made its first appearance in an opinion published by the US Supreme Court. Rather, it examined whether employee stock options represent taxable compensation under the Railroad Retirement Tax Act of 1937.
2018-6-22 02:50 | |
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Australia is moving towards requesting all cryptocurrency exchanges to report to the Australia Taxation Office, in order for them to collect Capital Gains Tax on all cryptocurrency gains, which essentially means that they will be classified as assets.
2018-6-20 12:00 | |
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Cryptocurrency = Asset Liz Russel, a senior tax agent at a private Australia online tax return service, shared some insights on the way theATO will be treating cryptocurrency gains and what people should expect.
2018-6-19 16:26 | |
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After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on cryptocurrency gains, essentially classifying them as assets.
2018-6-19 13:00 | |
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First Russian resident reports income received from the purchase and sale of cryptocurrency in 2017.
2018-6-15 11:27 | |
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Filing taxes has always been a headache. To be absolutely sure of including all the data, computing everything to the point, and calculating each figure correctly gets troublesome. It is only so troublesome in fiat money, can you imagine what it would be like to file cryptocurrency tax? Aren’t cryptocurrencies tax-free? Yes and no.
2018-6-11 16:38 | |
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FTX agreed to pay the Internal Revenue Service $885 million to settle a $24 billion tax claim the agency levied during bankruptcy proceedings.
MicroStrategy CEO and Bitcoin supporter Michael Saylor has agreed to the largest income tax settlement deal in Washington D.C.'s history.
According to an unsealed U.S. Department of Justice indictment, early Bitcoin investor Roger Ver was charged with tax evasion and arrested in Spain.
Crypto investigations are no longer focused on money laundering as about half of the crypto probes in 2022 involved tax, the IRS says. As per a Bloomberg report, Jim Lee, head of the Internal Revenue Service’s (IRS) criminal investigation division…
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […]
Cardano investors in Japan have come under scrutiny after authorities reported that investors in the asset had underreported their taxes from their trading activities. It was reported that multiple cities in the country had seen profits from trading in Cardano’s native token ADA but had not reported the earnings made from investing in the digital asset.
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings.