2020-12-8 13:56 |
Blockchain will reportedly make tax evasion more difficult in Thailand.
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Michael Meisler, EY Glbobal BLockchain Tax Leader gives his thoughts on the current and future status of cryptocurrency taxes. The post Interview with Michael Meisler, EY Global Blockchain Tax Leader appeared first on CoinCentral.
2019-3-24 21:00 | |
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The blockchain and cryptocurrency industry is here to stay, and governments around the world are finally establishing the frameworks… The post French Minister Wants France To Become a “Blockchain Champion”… Yet the Country Keeps Its 30% Tax on Crypto appeared first on Invest In Blockchain.
2019-3-20 20:24 | |
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The tax office will pair blockchain technology with machine learning, according to the director-general.
2018-11-7 21:27 | |
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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.
2018-11-7 21:00 | |
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Thailand might implement machine learning and blockchain technology for tax-related operations, such as tax avoidance probes.
2018-11-6 15:01 | |
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In a bid to curb the menace of tax evasion and ensure workers pay their correct tax amounts, Thailand’s Revenue Department has announced it would use distributed ledger technology (DLT) and machine learning for tax avoidance probes, according to a Bangkok Post report on November 5, 2018.
2018-11-6 12:00 | |
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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.
2018-11-6 03:00 | |
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There are many different institutions around the world that are starting to embrace blockchain technology and improve their services and products. This time, Bangkok’s revenue department will be using distributed ledger technology (DLT) so as to prevent tax evasion.
2018-11-6 02:04 | |
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Former U. S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming financial crisis. Paul is hard-hitting in his article and goes as far as calling the US Federal Reserve’s recent increase in interest rates a “crazy” idea.
2018-10-31 19:59 | |
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Thomson Reuters (TR) provides trusted data and information to professionals across the legal, tax and accounting, and news and media industries. Operating in more than 100 countries, TR lists its shares on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE).
2018-10-30 00:44 | |
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The Spanish government has reportedly approved a draft law that will make it mandatory for digital asset holders with over €50,000 ($57,000) in their cryptocurrency wallets to identify themselves and announce their exact holdings.
2018-10-27 20:00 | |
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Recently, the United Nations released its findings from a landmark climate change study that concluded that disaster is much closer than many people expected. The much-publicized story brought global climate change back into the headlines, and it returned focus to possible solutions for the crisis.
2018-10-26 14:00 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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To establish a seamless tax reporting mechanism for cryptocurrency gains in Japan, the Japanese Tax Commission held a debate on October 17, 2018, per a report by the local media outlet Sankei News. Standardization of Tax Filing Process According to the report published, the Japanese Tax Commission is contemplating ways by which gains or profits on cryptocurrency trading can be.
2018-10-20 22:00 | |
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The wider blockchain adoption is on a way to Japanese policy on taxation making the authorities facilitate a tax form filing for crypto-gains. The post Japan Working on Ways to Simplify Tax Filing System for Cryptos appeared first on CoinSpeaker.
2018-10-18 15:59 | |
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0x Project is only the sixth asset ever to list on Coinbase Pro, formerly GDAX. There was a lot of speculation during last week that the listing was going to occur after the 0x Project appeared on the Coinbase tax calculator tool.
2018-10-15 15:54 | |
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Cryptocurrency investors in Israel can heave a sigh of relief as the government looks for alternative and more transparent ways to calculate taxes for the industry which will lead to “real tax calculation.
2018-10-10 00:11 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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There are many large charity organizations accepting cryptocurrencies as donations despite cryptocurrencies being highly volatile. According to The Asia Times, charities are accepting cryptocurrency donations because, over the past few years, many mega-wealthy donors have opted to donate assets such as cryptocurrencies so that they can reap mostly charitable tax breaks.
2018-10-6 06:00 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets.
2018-9-22 18:10 | |
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Blockchain and cryptocurrencies have the power to revolutionize the global financial system and tax policies should encourage its use.
2018-9-20 00:08 | |
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Tax evasion, money laundering, and terrorist funding schemes are all major categories of blockchain fraud. So how can legislation and technologies soon be used to stop crypto criminals? The post Blockchain Fraud: New Policies and Technologies to Stop Crypto Criminals appeared first on CoinCentral.
2018-9-6 17:08 | |
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Newly-elected President Ivan Duque is encouraging blockchain and cryptocurrency innovation in Colombia. Duque has issued a welcoming call for blockchain and crypto start ups as part of his broader effort to use blockchain technology to fight corruption and support economic growth within the country.
2018-9-5 00:02 | |
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Colombia president Ivan Duque has promised to relieve crypto and blockchain startups from taxes.
2018-9-4 08:47 | |
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There is a need to experiment with decentralized solutions in all industries and see where they can be used, believes Mathias Sundin, Member of Swedish Parliament in the Tax Committee and the Finance Committee.
2018-9-4 18:07 | |
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The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
2018-8-28 20:18 | |
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George Popescu has come down hard on the American Internal Revenue Service (IRS) and the U. S. tax code in general as stifling instead of enabling innovation through cryptocurrency adoption. In a Medium post published on August 22, 2018, the founder of crypto industry publication Blockchain Times and augmented reality startup Lampix stated that tax policy is effectively blocking crypto payments.
2018-8-25 01:00 | |
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The tax policies in the United States are complex, and when it comes to cryptocurrencies, they are even more difficult to navigate. Regardless of the government’s stance on digital currencies, taxation laws in the country don’t allow users to make use of their bitcoins.
2018-8-25 21:30 | |
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South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies.
2018-8-16 00:06 | |
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The Chinese city of Shenzhen is pilot testing a blockchain receipt for tax filing.
2018-8-15 21:03 | |
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Blockpit Falls In 500 Startups Race’ First Blockchain Accelerator Blockpit has made it in 500 start-ups into the first blockchain program of US accelerator. Only six companies made it into the first blockchain program of US accelerator 500 start-ups, including the Linzer Startup Blockpit.
2018-8-13 20:07 | |
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The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
2018-8-10 20:02 | |
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New York-based blockchain startup, Libra, has raised $15 million from its recently concluded Series B funding round. The firm aims to provide full spectrum audit, tax, and fund administration services to cryptocurrency companies.
2018-8-9 11:03 | |
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Among just six companies, the Austrian company has been accepted into the world’s leading accelerator 500 Startups as part of their first ever blockchain batch. Blockpit provides automated cryptocurrency tax reporting and seamless portfolio monitoring.
2018-8-9 05:17 | |
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Among just six companies, the Austrian company has been accepted into the world’s leading accelerator 500 Startups as part of their first ever blockchain batch. Blockpit provides automated cryptocurrency tax.
2018-8-7 14:46 | |
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Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U. S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station.
2018-8-7 09:15 | |
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The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
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Just recently, there is evidence of a crackdown on tax evasion and cryptocurrency. Agents are now learning blockchain technology to allow them to follow the money through the system. The Internal Revenue Service (IRS) has gathered a specified team of criminal agents to establish tax evasion cases on users of cryptocurrencies like lordsofcrypto, a popular […]
2018-8-2 22:53 | |
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Capital gains on crypto transactions are easy to track, one at a time. What about when there are thousands?Cryptocurrency capital gains taxes are becoming a point of interest for governments.
2018-7-31 20:04 | |
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Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. On Monday, the South Korean government proposed some changes to the existing law structure.
2018-7-30 19:05 | |
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Although the government has considered tax rebates to blockchain firms, crypto exchanges have been exempted from the tax perks. The post South Korea’s Revised Tax Structure Gives No Major Benefits To Crypto Exchanges appeared first on CoinSpeaker.
2018-7-30 17:12 | |
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ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision.
2018-7-30 18:41 | |
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Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend.
2018-7-25 00:26 | |
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National-ranking audit, tax and advisory company WithumSmith+Brown PC (Withum) announced in a press release CoinReport received from CMM Strategic Communications, Withum’s PR company, the creation of a Digital Currency and Blockchain Technology Services Group.
2018-7-24 19:23 | |
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As nations around the globe roll out crypto regulations and tax schemes blockchain startups eagerly eye the next crypto-friendly destination. Malta has modeled itself as exactly that and firms have been flocking there in droves.
2018-7-21 13:32 | |
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A recent study published by the European Parliament discusses the state of cryptocurrency-related crime, such as money laundering, tax evasion, and terrorist financing.
2018-7-20 00:41 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug.
South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…
South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…
A Florida lawmaker has introduced a bill that would greenlight Bitcoin as a payment method for U.S. taxes.
Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.