2022-4-22 06:14 |
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. origin »
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NFTs have come a long way since they first emerged in 2014, and a negative first; a UK law enforcement agency becomes the first UK law enforcement outfit to confiscate NFTs. NFTs and Tax Evasion One of the widely used arguments by crypto and NFT naysayers is that digital assets can be used to launder […] The post UK Law Enforcement Agency Seizes almost $2M worth of NFTs appeared first on NFT News Today.
2022-2-18 10:50 | |
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The IRS is hot on the trails of cryptocurrency and non-fungible tokens. They see these as fertile grounds for fraud, including tax evasion, market manipulation, and money laundering. Unfortunately, whether it’s a celebrity or not, people are always susceptible to getting into the trap.
2022-1-28 23:00 | |
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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.
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users' data with tax authorities.
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.