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Israel Regulatory Bodies for Taxes Announce Mission to Find Profitable Crypto Sellers for Tax Evasion
The tax-collection organisation that operates within Israel has announced that it will be taking on a newly firm stance against cryptocurrency-based traders and Investors operating within the country. дальше »
2018-12-9 22:19 | |
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Bitcoin Mining in China
In life, they say that you can only rely on death and taxes. While this may be true, I’d like to propose a third: that China will always be the Bitcoin mining capital of the world. In fact, it controls up to 80% of the world’s total hash rate, is responsible for manufacturing the vast majority […] The post Bitcoin Mining in China appeared first on ZyCrypto. дальше »
2018-12-9 22:34 | |
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Governments Are Taking Wrong Approach to Cryptocurrency Taxation
Cryptocurrency, Taxes–Earlier today EWN reported on a development by several different countries, including Japan, to impose more severe regulations and protocols for catching so-called “cryptocurrency tax evaders. дальше »
2018-12-5 02:01 | |
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New South Korean Finance Minister Reveals Cryptocurrency And ICO Token Tax Plans
New Korean Finance Minister To Tax Cryptos Taxes are currently a very hot issue in Asia. Not only Japan has recently affirmed that it would change the way that it would regulate taxes, but South Korea is also now following the same path as its neighbor. дальше »
2018-12-5 23:43 | |
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Understanding Cryptocurrency Taxes: How to Calculate Your Bitcoin Taxes 101
You made big money trading Bitcoin but you don't know how to calculate your IRS tax bill? Learn how to figure your Bitcoin capital gains taxes right here. The post Understanding Cryptocurrency Taxes: How to Calculate Your Bitcoin Taxes 101 appeared first on CoinCentral. дальше »
2018-12-5 22:12 | |
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Japan Mandates Crypto Exchanges Report About Suspected Tax Evaders
CoinSpeaker Japan Mandates Crypto Exchanges Report About Suspected Tax Evaders The National Tax Agency (NTA) of Japan will ask exchanges to immediately report on suspected customers trying to evade crypto taxes. дальше »
2018-12-5 18:10 | |
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Japan Mandates Crypto Exchange to Report About Suspected Tax Evaders
CoinSpeaker Japan Mandates Crypto Exchange to Report About Suspected Tax EvadersThe National Tax Agency (NTA) of Japan will ask exchanges to immediately report on suspected customers trying to evade crypto taxes. дальше »
2018-12-4 18:10 | |
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South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOs
CoinSpeaker South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOsSouth Korea’s financial authorities are actively working on preparing new taxation plans to introduce taxes on crypto trading and ICOs. дальше »
2018-12-4 14:56 | |
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Japanese authorities form pact to hunt cryptocurrency tax evaders
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. дальше »
2018-12-4 12:43 | |
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South Korea Mulls Imposing Taxes on Cryptocurrency ICO
The South Korean government reportedly has plans to tax cryptocurrency and ICOs, despite the lack of a regulatory framework. Cryptocurrency ICO Taxation Policy According to The Korea Times, Hong Nam-Ki, Finance Minister nominee, revealed that the South Korean government is planning to tax cryptocurrency and initial coin offerings (ICO). дальше »
2018-12-4 10:03 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Ohio Technology Funds Announce $100M Support for Blockchain Startups
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups. дальше »
2018-12-3 19:32 | |
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Ohio Taxes and EOS Price Analysis: Video
In today’s Video Briefing, Kiana takes another look at Ohio’s recent announcement that the state government will allow some taxes to be paid in Bitcoin. Although crypto and taxes don’t often mix, the policy could bring new legitimacy to cryptocurrencies as well as make paying taxes a little easier. дальше »
2018-11-28 18:01 | |
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Bitcoin Tax Payments in Ohio is Now a Possibility
Ohio might just become the first state to successfully adopt Bitcoin as tax payment, after failed attempts from other states in the country. Ohio’s Cryptocurrency Initiative Set to Fly High According to the Wall Street Journal, businesses in Ohio can now pay its taxes, ranging from taxes from cigarette sales to employee taxes, using the […] The post Bitcoin Tax Payments in Ohio is Now a Possibility appeared first on Ethereum World News. дальше »
2018-11-27 13:05 | |
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Companies In Ohio Can Pay Taxes With Bitcoin
The Office of the Ohio Treasurer wants to give Ohioans more options for paying certain types of taxes.
дальше »2018-11-28 00:44 | |
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US State of Ohio Accepts Bitcoin for 23 Types of Taxes
The U. S. state of Ohio has set up a cryptocurrency payment portal and reportedly starts accepting payments in bitcoin for 23 types of taxes this week. “Ohio has become the first state in the United States, and one of the first governments in the world, to accept cryptocurrency,” the Treasurer’s Office wrote. дальше »
2018-11-27 23:30 | |
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Ohio Gives Green Light to Paying Taxes With Bitcoin
Ohio is now setting up an official website to allow businesses to pay taxes with bitcoin. According to a recent article published by the Wall Street Journal (WSJ), the state of Ohio seems to have given tacit acceptance to bitcoin by allowing businesses, although not individuals, to pay all manner of taxes with the cryptocurrency. дальше »
2018-11-27 21:32 | |
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Ohio Passes Law to Facilate Payment of Tax Through Bitcoin
While the crypto market continues to see an abundance of red on the charts, it received a massive nod of approval on November 25, 2018. The Wall Street Journal reports the U. S. state of Ohio is set to become the first in the country to allow payment of taxes through bitcoin. дальше »
2018-11-26 18:00 | |
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Ohio set to become first US state to accept Bitcoin for taxes
In what could be the biggest institutional nod of approval to cryptocurrencies across the globe, Ohio is set to become the first state to accept Bitcoin for tax payments. Starting this week, Ohio businesses can pay anything from tobacco to public utilities tax on OhioCrypto. дальше »
2018-11-26 13:42 | |
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Huobi Big Data Report: Blockchain Voting for U.S. Military, Switzerland Launches World’s First Crypto ETP
Huobi published its report for the week running from Nov. 11th to Nov. 18th and it is marked by a decrease in digital asset prices. The report also focused on several other issues including the industrial application of blockchain technology, the use of cryptocurrencies by risky personalities, the possibility of paying taxes using cryptocurrencies, and […] Huobi Big Data Report: Blockchain Voting for U. дальше »
2018-11-26 12:59 | |
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First US State Officially Starts Accepting Bitcoin for Tax Payments
CoinSpeaker First US State Officially Starts Accepting Bitcoin for Tax Payments Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office. дальше »
2018-11-26 12:02 | |
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Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments
CoinSpeaker Good News: First US State Officially Starts Accepting Bitcoin for Tax Payments Starting from today, Ohio businesses can pay taxes with Bitcoin. The authorities will use crypto payment processor BitPay which will handle the payment in crypto and conversion to dollars for the tax office. дальше »
2018-11-26 12:02 | |
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Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC for Taxes
In what could be a further critical sign of cryptocurrency adoption in the U. S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be rolled out to personal taxpayers at some point in the future. дальше »
2018-11-26 10:00 | |
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Bitcoin Price Analysis: BTC/USD Up $400 After Temporarily Sinking Below $3,700
Thanks to Josh Mandel idea, 23 different businesses in the state of Ohio will begin paying their taxes in Bitcoin. This new “convenience and adaptation” goes to show how BTC is taking root and is nowhere from being quashed despite draw downs that has seen miners in several parts of China auction their gear. дальше »
2018-11-26 09:33 | |
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Ohio First State to Accept Bitcoin: Calling Crypto Secure, Transparent, and Low Cost
Beginning Nov. 26, Ohio will begin accepting Bitcoin payments for twenty-three kinds of business taxes. The state will become the first in the United States–and one of the first governments in the world–to accept cryptocurrency. дальше »
2018-11-26 04:28 | |
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Even though bitcoin is “dead again”, you can now pay taxes with it in a big US state
nitialization eligible for damages. Major US state to start accepting tax payments in Bitcoin In news that definitely screams “real world” cryptocurrency adoption, US state of Ohio will give its tax payers an option to pay their taxes with Bitcoin. дальше »
2018-11-26 02:29 | |
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Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax Evasion
Spain’s Ministry of the Treasury has identified 15,000 cryptocurrency investors it will monitor to prevent tax evasion and money laundering, according to local media reports. The ministry has vowed to ensure that the investors pay taxes on capital gains from digital currency transactions and that they declare any other benefits accrued from trading. дальше »
2018-11-22 04:10 | |
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Spain: Financial Watchdog Intensifies Efforts to Make Cryptocurrency Holders Pay Tax
It may soon no longer be business as usual for bitcoin (BTC) and altcoins investors in Spain as the nation’s tax authority, the Agencia Estatal de Administracion Tributaria (AEAT), has reportedly identified at least 15,000 distributed ledger technology (DLT) based virtual currency holders and is now set to make them pay taxes, reported Finance Magnates on November 20, 2018. дальше »
2018-11-22 01:00 | |
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Recent Poland Income Tax Regulations Amendments Require Crypto Profits To Pay 19% In Taxes
Recent Amendments To Income Tax Regulations in Poland Require Crypto Profits To Pay 19% in Taxes The taxation of cryptocurrency profits has been a hot topic for many countries that are looking to regulate the space. дальше »
2018-11-17 18:55 | |
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Internal Revenue Service Advisory Council Lobbies IRS To Allow Taxes To Be Paid In Cryptocurrencies
Advisory Council Wants Taxes Paid In Crypto The IRS advisory council is calling for crypto to be used in the payment of taxes. They propose that this should happen for federal taxes. According to the council, it will help the agency enforce its tax collection in the US. Why Crypto The move to use crypto […] дальше »
2018-11-16 23:12 | |
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France is planning to impose taxes on ICOs
France wants cryptocurrencies to be issued in the country as long as those backing them agree to be regulated, Reuters reported. If coin issuers sign up to regulation, the French argue they will be seen as more trustworthy by investors, helping the currency gain credibility in the long run. France will even offer certification if […] дальше »
2018-11-17 18:25 | |
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Australian Taxpayers Have Paid $1 Million to Scammers Through Bitcoin ATMs Since July
The Australian Taxation Office (ATO) has used official channels to warn taxpayers of scammers who are fooling people into paying their taxes through Bitcoin ATMs to their accounts. As the deadline approaches on 21 November, the authority told the one million taxpayers, who will need to make a payment to the ATO, to be wary. дальше »
2018-11-15 03:00 | |
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Bitcoin Investors and Traders Are Evading Crypto Taxes with a Little-Known ‘Lending Loophole’
In a recent article published by Venture Beat a few days ago, there are some cryptocurrency traders that are avoiding taxes in their country. At the moment, every single crypto-to-crypto trade is considered a taxable event. дальше »
2018-11-14 18:27 | |
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Could Cryptocurrencies Stop Paying Capital Gain Taxes? A New Bill Gives Hope To The Community
Could Cryptocurrencies Stop Paying Capital Gain Taxes? A New Bill Gives Hope To the Community A new bill introduced in the US Congress proposes to eliminate capital gain taxes on gold and silver bullion. дальше »
2018-11-13 16:59 | |
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Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes
According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U. S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. дальше »
2018-11-13 02:00 | |
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France Considers a Flat Capital Gains Tax for Bitcoin
The finance commission in France’s lower house of parliament has reportedly backed plans to decrease taxes on bitcoin sales, putting it on the same level as the standard capital gains tax. 30% Flat Tax on Bitcoin Gains Reuters reports that the finance commission in the lower house of the French parliament has backed plans to ease taxation on bitcoin gains to flat 30 percent. дальше »
2018-11-10 02:00 | |
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Crypto Regulation Roundup: More Cryptocurrency Control Urged in South Korea and Thailand, France Plans to Ease Crypto Taxes
South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism. дальше »
2018-11-9 00:00 | |
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Latin America joins EU in considering a new digital tax
Mexico and Chile are among a host of countries that may follow the European Union’s lead in playing hardball on taxes with big tech companies like Facebook, Alphabet, AirBnB, and Uber. In March, the EU proposed a “digital tax” that would affect the revenue of major digital companies like Facebook and Google. дальше »
2018-11-8 15:05 | |
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French authorities are pushing a 30 percent flat-rate Bitcoin tax
French regulators are realigning the taxes imposed on hodlers of Bitcoin and other cryptocurrencies. The French finance commission supported plans yesterday that will see capital gains tax applied to cryptocurrencies brought in line with other capital gains tax, Reuters reports. дальше »
2018-11-8 13:31 | |
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American College Student Collects $400,000 in Tax Liability from $5,000 Crypto Investment
On November 2, 2018, a Reddit user submitted a post to the /r/tax subreddit claiming that they were stuck in a somewhat precarious proposition with their taxes. Crypto-to-crypto trades: Taxable events The individual, an American college student, said that they decided to start dabbling in cryptocurrency investments sometime in early 2017 after hearing about the market’s growth potential from a. дальше »
2018-11-7 21:00 | |
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Thailand Government to Use Blockchain to Tackle Tax Avoidance
The government of Thailand has announced plans to adopt distributed ledger technology to fight tax avoidance. Director-general Ekniti Nitithanprapas said the Revenue Department intends to use blockchain to verify whether taxes were paid correctly and to speed up the tax refund process. дальше »
2018-11-6 03:00 | |
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After Making Over $800K From Crypto, One Investor Now Owes The Government $400K In Taxes
We have all heard about the crypto millionaires; people who invested in cryptocurrencies before the rest of us had a clue about what Bitcoin was. These investors saw their investments rise 10, 20 and even 50 times and reaped millions of dollars in months. дальше »
2018-11-6 02:43 | |
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Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes
One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes. From Big Profits to a Tax Nightmare An anonymous college student recently posted on Reddit to solicit advice about what to do while they face a massive tax bill in the wake of cryptocurrency trading. дальше »
2018-11-4 13:00 | |
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College Kid Cries for help after losing $755,000 in the Bearish Crypto Market Whilst in Depth Over Taxes
The bearish market has taken a toll on a handful of cryptocurrency traders. While a lot of investors have withdrawn their funds, a few others are weeping over the intense damages and losses they are left with. дальше »
2018-11-4 22:55 | |
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