2022-6-30 05:34 |
An NFT trader pulled off a supposed tax write-off “masterclass” by booking a 74.2 ETH profit at a $52,000 loss, and print-on-demand firm Pixels.com has rolled out NFT merch support.
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Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift.
2022-5-19 12:51 | |
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The guidance, which is the first of its kind from the Joint Chiefs of Global Tax Enforcement, lists both strong and moderate indicators of fraud.
2022-4-30 18:47 | |
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It started as a Blockchain platform for collecting and breeding cats, but now it is the new internet and financial sensation. I am talking about Non-fungible tokens, usually referred to by the acronym NFTs.
2022-4-16 18:16 | |
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Earlier this year, the US made the process of NFT trading easier by making sense of the tax and investment ramifications of NFTs and Crypto assets. Knock Knock; it’s the IRS NFTs and crypto assets are fun and games until the tax person comes knocking for their cut.
2022-3-24 04:04 | |
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In April 2022, India’s proposed cryptocurrency and NFT tax will kick in, and as the world prepares for this development, what do investors and holders need to know? Crypto Regulations: The way forward The majority of governments worldwide are yet, to fully legalize or accept crypto and related technologies.
2022-3-22 04:53 | |
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Singapore is persisting in being one of the most crypto-friendly countries at present. Lawrence Wong, Singapore's finance minister, has said that prevailing income tax rules will apply to NFT transactions.
2022-3-11 17:28 | |
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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 tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification.
2022-2-14 12:06 | |
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As the NFT market boomed in 2021, so do the questions around taxation come the next tax season. Sponsored Sponsored The Internal Revenue Service wants its share of the NFT booty. There is a lack of clarity on how NFT holders should be taxed, but tax experts say taxes could be up to 37%.
2022-1-16 12:05 | |
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While the interest in crypto markets skyrocketed, the NFT craze also saw a massive surge through the last year. However, it's now time for the taxmen to check for tax liabilities from profits in theseThe post Tax season: Regulations unclear, experts advise early prep for taxes on crypto, NFT appeared first on AMBCrypto.
2022-1-16 00:30 | |
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It is no longer news that South Korea is looking to start taxing crypto gains from 2022, however, the Asian country’s minister of Economy and Finance Hong Nam-ki has revealed that the proposed crypto tax law will not be applicable to non-fungible tokens (NFTs).
2021-10-8 19:00 | |
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Taboo, a community lead project launches a deflationary token with its own NFT marketplace. It has a built-in static rewards program where holders earn passively through the 5% tax distribution to token holders.
2021-5-27 14:00 | |
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Taboo, a community lead project launches a deflationary meme token with its own NFT marketplace. It has a built in static rewards program where holders earn passively through the 5% tax distribution to token holders.
2021-5-27 20:23 | |
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U. S. citizens making money off the booming non-fungible token (NFT) market may be unaware of liable taxes from selling the NFTs. Beeple’s record-breaking $69. 3 million NFT sales could attract tens of millions in taxes.
2021-3-19 22:03 | |
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With NFT sales on the rise, news agency CNBC revealed that buyers and sellers could face taxes on such transactions. According to the company's wealth reporter, Robert Frank, the US Internal Revenue The post Those buying NFTs with Bitcoin or Ether may face tax surprise appeared first on AMBCrypto.
2021-3-18 01:30 | |
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Tax, Tax, and More Tax According to a report by CNBC, tax experts claim that the vast majority of non-fungible token (NFT) holders are not aware of the tax implications their holdings could incur.
2021-3-18 21:08 | |
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CNBC has revealed that those are now buying NFTs with BTC or ETH will have to face a “big surprise tax”, here’s why
2021-3-17 16:12 | |
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