2024-4-15 16:32 |
Creditors to the failed crypto lender have got their dollars back after bankruptcy, but working out the tax implications is going to take longer, says Koinly's Michelle Legge. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas.
2022-11-18 19:50 | |
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Portugal could soon impose taxes on crypto investors through new rules set out in its draft budget. Portugal Includes Crypto In Budget Portugal may impose a 28% tax on crypto...
2022-10-11 00:46 | |
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Luna Classic (LUNC) initiated a bounce as a result of a Binance tax implementation on Monday. So far, the price has increased by 50%, breaking out from an important resistance in the process. The post Terra Luna Classic (LUNC) Price Jumps 60% as Binance Launches Trading Fee Burn Mechanism appeared first on BeInCrypto.
2022-9-26 14:20 | |
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After months of waiting, Terra Classic [LUNC] developers finally rolled out the 1.2% tax burn protocol. The rollout did manage to attract the interest of the crypto community. Furthermore, several excThe post Terra Classic: This crypto exchange CEO endures the heat of LUNC's 1.2% burn appeared first on AMBCrypto.
2022-9-24 17:30 | |
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The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid.
2022-8-17 01:00 | |
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Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts.
2022-8-6 07:44 | |
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Users venturing into the crypto world often find it tiresome to figure out the taxes to be paid on their crypto income. Calculating and filing taxes can be quite complex, especially if users have madeThe post Simplify crypto tax loss harvesting with Koinly appeared first on AMBCrypto.
2022-7-17 09:15 | |
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Gerber Kawasaki Wealth CEO Ross Gerber took a jab at Peter Schiff following the gold bug’s tax evasion scandal
2022-7-5 21:51 | |
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Argentinian tax dodgers are seeing their cryptocurrency wallets seized by the local tax authority.
2022-7-1 18:24 | |
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An NFT trader pulled off a supposed tax write-off “masterclass” by booking a 74.2 ETH profit at a $52,000 loss, and print-on-demand firm Pixels.com has rolled out NFT merch support.
2022-6-30 05:34 | |
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The OECD is trying to introduce new rules to stop crypto being used to stash assets out of sight of the taxman.
2022-5-24 23:08 | |
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According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
2022-5-19 11:33 | |
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The Australian Taxation Office (ATO) has published a guideline that sets out warnings for crypto investors on tax obligations around digital assets and NFTs.
2022-5-16 14:00 | |
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The world of NFTs and blockchain technology is one of endless possibilities, accessible to anyone. Can people with ill intentions take advantage of this to perform crimes such as tax evasion? Find out more below.
2022-4-22 06:14 | |
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Things to know: – The end of the tax season is quickly approaching in the US, and you’re having a hard time filling out your crypto declarations? ZenLedger, a leading crypto tax software, answers this hurdle, and it has just joined our Ledger Live* growing family of apps.
2022-4-14 12:23 | |
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High demand for CPAs has left many to fend for themselves when it comes time to figure out the complex tax landscape marked by virtual currencies.
2022-3-9 00:00 | |
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Kazakhstan’s authorities have confiscated 360 specialized Bitcoin ASICs as part of the country’s ongoing campaign to weed out “gray” crypto miners. The post Kazakh officials seize 360 illegal Bitcoin ASICs amid push for higher mining tax appeared first on CryptoSlate.
2022-2-24 03:00 | |
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Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep firms are rolling out crypto services.
2022-2-25 17:22 | |
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The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to encourage more mining investment within the region by mapping out strategic […]
2022-2-17 12:26 | |
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Colorado Governor Jared Schutz Polis has just announced that his state will begin accepting Bitcoin for tax payments starting this summer. Speaking to CNBC on Wednesday, the state’s Governor Jared Schutz Polis confirmed that his administration was fast-tracking a plan to roll out a framework that will see Colorado residents start to pay their taxes […]
2022-2-17 17:12 | |
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Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country’s government has proposed a hike in its electricity tariff and taxes for crypto miners. The post New tax proposal in Kazakhstan could push crypto miners out appeared first on CryptoSlate.
2022-2-9 00:00 | |
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India's Budget announcement was a mixed blessing, as some appreciated the clarity regarding taxes on crypto. However, others are strongly against the 30% tax on the transfer of digital assets. AmidstThe post Investment exec explains why Indian govt wants to 'tax the hell' out of crypto appeared first on AMBCrypto.
2022-2-4 16:30 | |
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A professional tax advisor explains the key things for Bitcoiners to know when filling out their returns for 2021.
2022-1-27 02:00 | |
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Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans.
2022-1-18 09:55 | |
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The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading.
2022-1-18 12:23 | |
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China’s crackdown on crypto mining sent local miners on a global hunt for places to host their machines. Factors like lead times to build out hosting sites, energy and labor costs, tax regimes, climThe post This lawmaker thinks Spain can lure miners from protest-stricken Kazakhstan appeared first on AMBCrypto.
2022-1-8 13:30 | |
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Disclaimer: I’d like to point out what a wonderful institution the IRS is, and how I’ve always admired their brave and noble work, serving our great nation and keeping us safe from our wealth. Another disclaimer: I’m not a tax advisor and this isn’t taxing advice.
2021-11-1 16:22 | |
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South Korea’s crypto industry is currently in the midst of a significant dispute with the government as the topic of taxation continues to rage on. Following a possible delay in the government’s proposed tax code, a lawmaker has come out to declare that he won’t be backing down.
2021-9-18 18:06 | |
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On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […]
2021-8-8 17:23 | |
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Binance announced launching a Tax reporting tool API. This new API tool will allow Binance users to track their crypto activities to ensure they are fulfilling the reporting requirements laid out by tThe post This is one way Binance was 'ready to assist regulators from around the world' appeared first on AMBCrypto.
2021-7-29 00:00 | |
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Written by a Professor of Finance from Yale School of Management and an attorney at the Federal Reserve System, wants regulators to take a lesson from history, the Free Banking Era because the central bank must have a “monopoly on money issuance.
2021-7-20 16:07 | |
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Miners are speaking out against the new law on crypto mining in Kazakhstan, which accounts for 6. 17% of Bitcoin’s global hash rate, and are seeing interest following the regulatory crackdown in the neighboring country.
2021-7-8 19:08 | |
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The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto.
2021-7-3 12:46 | |
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The U. S Internal Revenue Service (IRS) is bent on taking steps to crack down on cryptocurrency markets and transactions as it called out lawmakers to address tax evasion. IRS Wants $32M in Funding To Pursue Tax Evasion The IRS also requires funding to the tune of $32 million to pursue cryptocurrency tax evasion.
2021-6-9 23:11 | |
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The Australian Tax Office (ATO) put out a statement addressing the country's 600,000 crypto users to pay taxes on their gains during the next tax period. The post Australia Pressures 600,000 Crypto Users to Pay Their Taxes appeared first on BeInCrypto.
2021-5-28 12:49 | |
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Cryptocurrency futures exchange Deribit has revealed its latest partner – Sydney-based software specialist CryptoTaxCalculator. The user-friendly crypto tax calculator has been designed to help users work out their liability from options and margins trading.
2021-5-6 23:57 | |
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South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.
2021-4-25 03:33 | |
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The United States Internal Revenue Service (IRS) is looking to enforce cryptocurrency tax compliance with its recent initiative. “Operation Hidden Treasure” Is Not A Fun Game The IRS will be coming down hard on those who under-report their crypto gains in their tax forms, Forbes reports.
2021-3-10 18:47 | |
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According to local news firm, Broadband, SARS sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. This was confirmed by Tax Consulting South Africa, which has recently been approached by a number of taxpayers on the issue.
2021-2-6 20:36 | |
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Out of 31 nations, only five have tax guidance addressing cryptocurrency rewards via staking, a study found.
2021-2-4 13:37 | |
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South Korea is set to enforce its upcoming crypto tax law in January 2022 instead of the earlier proposition of October 2021. This will give crypto stakeholders operating within its jurisdiction one more year to sort out in-house tax reporting infrastructure.
2020-12-3 22:19 | |
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David W. Klasing, a boutique Californian tax firm, had its Tax Law Office issue out a public release. This release warned investors that the US Internal Revenue Service, or IRS, is going to start a severe bout with users of Coinbase.
2020-11-13 18:53 | |
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Bitcoin is regularly blasted by regulators and the IRS for its use in illicit crime such as money laundering or tax evasion. Unfortunately, a story involving a former Microsoft engineer who used the cryptocurrency to mix over $10 million he had defrauded the company out of, doesn’t help that case.
2020-11-11 18:00 | |
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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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Wendy Walker, a solution principal at Sovos, a tax compliance firm, has come out to describe reporting as the most important part of filing crypto taxes. She disclosed this information during an interview on October 30, noting that crypto adopters should always report details of their transactions even if they don’t owe income taxes.
2020-10-30 15:17 | |
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U.S. capital gains tax laws are likely to catch out many new users of PayPal's cryptocurrency payments system
2020-10-22 05:59 | |
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The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets.
2020-10-15 00:42 | |
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The U. S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news. Bitcoin. com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit.
2020-9-10 23:30 | |
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The industry’s most significant opportunities are being forged during this period of uncomfortable volatility. Here’s why, argues Grider.
The credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could.
Crypto cycles trap retail in speculation. Savings layers with capital preservation and prize incentives rewrite participation for consistent gains.
AI deepfakes make trust crypto’s scarcest asset. Proof-of-humanity can become the currency powering finance, governance and markets in the imitation economy.
By hosting manipulable contracts, prediction markets swap their long-term credibility for short-term engagement.
Crypto’s hidden trading costs demand the adoption of transaction cost analysis. Slippage, fees and fragmentation erode trust as crypto matures into institutional markets.
The SEC is pivoting away from its previous regulatory strategy.