2024-10-25 18:01 |
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users' data with tax authorities.
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In a groundbreaking move, Detroit is set to become the largest U.S. city to accept cryptocurrency for tax and fee payments, starting in mid-2025.
A change in the regime could result in lower taxes for some crypto investors.
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
Florida Congressman Matt Gaetz has ignited a fresh debate on the intersection of cryptocurrency and traditional finance. This week, Gaetz introduced a bill proposing Bitcoin (BTC) as a legitimate payment method for federal income taxes in the United States.
The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.