2019-8-6 14:11 |
Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading
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There is a curious situation happening in the United States right now. It is as if the Internal Revenue Service (IRS) simply do not want crypto investors to pay their taxes. Before you commemorate, though, you should that they really want you to pay your taxes, they just simply cannot find a way to explain […]
2019-4-12 02:40 | |
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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 | |
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Jamie Dimon has doubled down on his calls for the rich to pay more in income taxes. The JPMorgan CEO has long been a supporter of a more progressive taxation system, and his views have only been sharpened by the recent Trump tax breaks which favored the rich.
2019-4-4 20:00 | |
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Innisfil, a town in Ontario, Canada, is ready to embrace digital currencies after its council voted in favor of a one-year cryptocurrency pilot project which will enable people to pay property taxes with bitcoin (BTC), reports CBC, March 28, 2019.
2019-3-30 22:00 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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A small town in Canada, just north of Toronto, is joining Ohio in providing its citizens with an option to pay some taxes in cryptocurrency – Bitcoin, to be exact. The town of Innisfil will begin accepting Bitcoin as payment for property taxes in April, local news outlet Simcoe.
2019-3-29 13:16 | |
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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 | |
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The Canadian town of Innisfil is piloting a service that would allow residents to pay property taxes in Bitcoin
2019-3-29 03:05 | |
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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 | |
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Progressive rising star Alexandria Ocasio-Cortez isn’t alone in her belief that the rich don’t pay their fair share, as a new OECD report has established that nearly 70% of people living in developed countries support hiking taxes on the wealthy to reduce income inequality.
2019-3-21 17:00 | |
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A crypto tax consultant says on Twitter that traders under a certain income level do not have to pay taxes on crypto operations for 2018
2019-3-27 16:17 | |
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Former vice president of payments at Starbucks, Maria Smith, promised that Starbucks would play a “pivotal role in developing practical, trusted and regulated applications for consumers” to pay for coffee with bitcoin.
2019-3-9 23:15 | |
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The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire. Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada.
2019-3-8 05:00 | |
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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 | |
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Assembly Bill 953 For Weed And Stablecoins California lawmakers recently introduced a new bill aimed at cannabis companies. Lawmakers introduced Bill 953 on February 21 and under the bill, cannabis-related businesses will be able to use stablecoins to pay taxes and other fees.
2019-3-5 00:30 | |
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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 | |
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Ohio state treasurer Robert Sprague revealed that two companies have used the recently introduced option to pay taxes with cryptocurrencies
2019-2-23 22:06 | |
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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 | |
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In November 2018, we reported a story about Ohio becoming the first ever American state to accept bitcoins as a payment to resolve tax bills. It had permitted businesses to register with the state via OhioCrypto.
2019-2-21 17:01 | |
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Facebook co-founder Chris Hughes is back advocating for higher taxes for wealthy Americans. This is not the first time Hughes is calling on the government to take a step to help low-income Americans trying to make ends meet.
2019-2-12 17:29 | |
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A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […]
2019-2-9 17:48 | |
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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 | |
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During the first week of the new year, two U. S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies.
2019-2-4 00:01 | |
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In a Thursday interview on CNBC show Mad Money with Jim Kramer, Sen. Elizabeth Warren came out swinging against billionaires, saying: “You know that top one-tenth of 1 percent this year, taxes all in, they’re gonna pay about 3.
2019-2-3 01:55 | |
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J. P. Morgan Chase CEO Jamie Dimon has declared that he does not mind paying higher taxes as long as they are used where they are “most effective”. His comment comes as something of a bolt from the blue in the midst of a polarizing debate on whether the highest-earning Americans should be required to pay a top marginal tax rate of 70 percent as proposed by a number of prominent House Democrats.
2019-2-2 18:51 | |
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In the United States, the Internal Revenue Service (IRS) will be knocking cryptocurrency users’ doors explaining that it is mandatory to inform crypto trades and pay the related taxes on them. Investors, holders, and other individuals must be compliant with this issue.
2019-1-30 20:59 | |
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Early Bitcoin believers ventured into the digital currency industry because of its autonomy and anonymity. But the anti-establishment attitude cannot help the sector grow, according to Bittax. The Israel-based crypto tax specialist said that most people would not pay taxes off their crypto-based capital gains.
2019-1-30 20:38 | |
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A house bill for amending the currently existing taxation Code of Indiana has been filed January 24 seeking acceptance of cryptocurrencies for paying taxes. Another bill requiring the state treasurer of New Hampshire to develop an implementation plan for accepting cryptocurrencies for tax payments has also been filed.
2019-1-27 01:00 | |
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A house bill for amending the currently existing taxation Code of Indiana has been filed January 24 seeking acceptance of cryptocurrencies for paying taxes. Another bill requiring the state treasurer of New Hampshire to develop an implementation plan for accepting cryptocurrencies for tax payments has also been filed.
2019-1-27 01:00 | |
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Indiana is the latest state to embrace virtual currencies as they make amendment in the bill to introduce cryptocurrencies as a means to pay taxes in. The synopsis of the bill reads, “Payment of taxes with virtual currencies.
2019-1-26 21:14 | |
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Latest Cardano News Wyoming may be dry, cold and with cheap power but that’s where Cardano will call home. Their shifting from Japan and establishing bases here comes at a time when the state better known for their allowing businesses to pay 16 types of taxes with crypto—via BitPay and their openness—the state has more […] The post Altcoins Daily Preview: Jan 10 Losses Weighing Heavily on Stellar Lumens (XLM) and Cardano (ADA) appeared first on Ethereum World News.
2019-1-21 15:45 | |
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Individuals in Chile will have to pay taxes on cryptocurrency earnings this year. The Internal Revenue Service (SII) of the country informed that cryptoassets will also have to be filled on the Annual Income Tax Returns.
2019-1-20 01:43 | |
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Chile is to start taxing cryptocurrencies in April, when taxpayers pay their yearly income taxes, but it’s unclear at what rate. According to local media reports, the country’s revenue authority has included crypto assets in the Annual Income Tax Returns form, which will be declared as “other own income and/or third-party income from companies that […] The post Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019 appeared first on Bitcoin News.
2019-1-20 00:58 | |
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On January 16, 2019, BitWage announced their partnership with Simply Efficient HR, a Texas-based payroll and human resources company to enable the payment of W2 employee and payroll taxes in bitcoin or ether.
2019-1-19 19:00 | |
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International cryptocurrency payroll service provider Bitwage has announced that it has partnered with Texas-based Simply Efficient HR. The move will allow companies to pay W2 employee and payroll taxes in all 50 U.
2019-1-17 18:57 | |
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A new product from Bitwage makes it easier to handle payroll taxes when paying employees in bitcoin or ether.
2019-1-17 16:30 | |
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Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.
2019-1-16 05:22 | |
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The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their taxes in those currencies.
2019-1-9 08:30 | |
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Major U. S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state’s novel taxpayer platform, Ohiocrypto. com. Leading Crypto Adoption The 34th largest U.
2019-1-6 14:06 | |
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No one likes taxes, but at least now you won’t have to cash out to pay them. Overstock. com has recently announced its intention to pay some of its state business taxes in Bitcoin, using the newly-announced government platform for crypto payments.
2019-1-4 22:40 | |
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Online retailer Overstock announced it would pay a part of its Ohio state business tax using bitcoin, making it the first company to use Ohio’s crypto tax portal, Fortune reported on January 3, 2019.
2019-1-5 21:30 | |
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Internet retailer Overstock has announced that it intends to become the very first major US-based company to pay a part of its state business tax in Ohio using Bitcoin. Taxes With Bitcoin According to its own investor portal, US-based internet retailer Overstock is set to pay part of its Ohio state business tax using Bitcoin.
2019-1-4 14:00 | |
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The cryptocurrency-friendly company Overstock. com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state’s Ohiocrypto.
2019-1-4 05:15 | |
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Overstock Pays Business Taxes In Bitcoin According to a press release from Overstock. com’s Investor portal, the Salt Lake City-headquartered online retailer and blockchain technology startup will begin to pay its business taxes with Bitcoin (BTC).
2019-1-4 05:00 | |
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U.S. online retail giant Overstock.com takes advantage of new Ohio initiative, plans to pay taxes in Bitcoin
2019-1-4 23:02 | |
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Overstock continues its trek into the cryptospace, becoming perhaps the first US company to pay business taxes in bitcoin.
2019-1-3 21:20 | |
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Overstock is going to become the first company in the United States to pay its taxes using Bitcoin (BTC), the largest virtual currency in the matter. The information was released on January 3 by the company in a press release.
2019-1-3 20:57 | |
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Overstock.com plans to be the first major business to pay state taxes using bitcoin in Ohio.
2019-1-3 20:00 | |
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As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.
2019-1-3 20:53 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Colorado is now accepting crypto for tax payments — but if you choose to use that option, it could change the amount you owe.
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.
A proposed bill waiting for vote in Congress contains a “dangerous” amendment.