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Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction

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 […] дальше »

2022-2-17 12:26


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Breaking: US State Colorado Will Accept Bitcoin For Tax Payments Starting This Summer

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 […] дальше »

2022-2-17 17:12


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Kazakhstan Authorities Propose 400% Increase In Tax On Crypto Miners

Kazakhstan’s Head of State Kassym-Jomart Tokayev has ordered an increase in taxes on electricity used by Bitcoin miners in the country, according to a local news outlet Kazinform. Speaking during an expanded meeting of the government, the president stated that his government would embark on identifying all mining farms, checking their tax status, carefully studying […] дальше »

2022-2-9 23:32


IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else

In 2019 Joshua Jarrett earned block rewards on proof-of-stake networks, paid taxes as if those rewards were income, and in line with IRS’ limited guidance on how block rewards should be taxed. The post IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else appeared first on CryptoSlate. дальше »

2022-2-4 18:41


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The IRS Hopes To Recover Billions In Taxes From Evading NFT Traders

According to a recent report by Bloomberg, the Internal Revenue Service now hopes to net Billions of Dollars in taxes from evading NFT traders. Shilled as the hottest sector now in the crypto ecosystem, the Non-Fungible Tokens (NFTs) market share has been spiraling at an unprecedented rate raking in Billions of dollars, most of which […] дальше »

2022-1-17 20:43


CoinPanda Review – Pricing, Supported Countries & Exchanges, Services (DeFi, Staking, Airdrops etc.)

Since cryptocurrencies have been classified as taxable assets by the IRS and other financial bodies in other countries, you need to pay taxes on them if you want to abide by the law. However, it can be a daunting task to calculate your taxes in the crypto world, especially since they are very volatile assets. дальше »

2021-12-30 15:23


How To Do Taxes on Your MetaMask Trades? Full Guide

It is the duty of every citizen to pay taxes to the government on all income generated from their various businesses. The tax is also extended to revenue generated from the financial markets.  Being a relatively newer aspect of the financial markets, the world of crypto has seen fewer regulations when compared with the stock […] The post How To Do Taxes on Your MetaMask Trades? Full Guide appeared first on CaptainAltcoin. дальше »

2021-12-29 15:28


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Why Elon Musk Says Crypto Skeptic Senator Elizabeth Warren Must Leave Office

One of the Senate’s most prominent crypto skeptics and Tesla/SpaceX CEO Elon Musk are in the middle of a full-scale Twitter spat. Massachusetts Senator Elizabeth Warren called Musk a freeloader for not paying income taxes as she stresses enacting a wealth tax legislation that would require Musk to pay billions in taxes. The world’s richest […] дальше »

2021-12-18 19:19