2020-5-1 07:41 |
The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation.
Similar to Notcoin - Blum - Airdrops In 2024
2020-5-1 07:41 |
The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation.
Similar to Notcoin - Blum - Airdrops In 2024
Kenyan lawmakers are eyeing the regulation of crypto trading and introduction of crypto taxation among other regulatory moves, according to a report highlighting the latest crypto news from the East African country.
2022-11-22 01:02 | |
On Tuesday, the members of the European Parliament (EP) voted in support of a resolution on crypto taxation in the EU. Also, the resolution calls for a general framework for crypto taxation in the EU. Additionally, the EU will be…
2022-10-6 16:05 | |
Any easing of the government's stance on crypto taxation will be contained in amendments to the bill.
2022-3-24 17:37 | |
Singapore’s taxation authority has clarified how it taxes the transaction of payment, utility and security tokens.
2020-4-20 07:00 | |
Lukka Inc released a new library compiling the best academic papers on tax, legal, and accounting questions in cryptocurrency. The library focuses on questions that lack official guidance or regulatory...The post New Library Aims to Tackle Bitcoin Taxation and Law Controversies appeared first on Crypto Briefing.
2020-3-27 06:43 | |
Australia’s tax authority, the Australia Taxation Office (ATO), is planning to contact thousands of Australian crypto traders to remind them of their tax obligations. The move is in line with the ATO’s aim to clampdown on crypto tax offenders.
2020-3-13 00:00 | |
Upbit crypto exchange woes are still on after it emerged that foreign clients to this South Korean firm are yet to withdraw their ‘frozen’ funds. The platform suffered a blow when close to $50 million worth of Ether was stolen upon a successful hack towards the end of 2019. Most of the affected clients are […]
2020-2-22 22:02 | |
The U. S. Internal Revenue Service (IRS) is yet to clarify which Foreign Account Tax Compliance Act (FATCA) rules apply to crypto tax filings. Meanwhile, a U. S. Congress watchdog is saying aspects of the updated crypto taxation guidelines published by the IRS in 2019 are not enforceable.
2020-2-13 22:00 | |
For crypto owners looking to estimate how much they owe in taxes, there are some platforms with a free crypto tax calculator. They integrate with major crypto exchanges and wallets, allowing you to import your crypto transaction data and start calculating your taxes for free.
2020-2-10 22:00 | |
A draft law has been proposed with bipartisan support to exclude from taxation small capital gains of up to $200 when making purchases. The bill says: “Gross income of an... The post American Lawmakers Propose $200 Crypto Tax Exemption appeared first on Trustnodes.
2020-1-20 17:09 | |
The South Korean government is making plans to implement a 20 percent crypto taxation policy on income and profits made from crypto trading and transactions. 20 Percent Crypto Tax Coming to South Korea According to reports from PulseNews, the South Korean government is making plans to implement a new crypto tax policy on gains fromRead MoreRead More.
2020-1-20 16:00 | |
The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event.
2020-1-17 01:00 | |
A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […]
2020-1-17 00:18 | |
House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.
2020-1-17 00:15 | |
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency.
2020-1-2 08:15 | |
According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The Ministry of Finance and Strategy in South Korea recently resolved the confusion regarding the taxation of profits made through crypto trading.
2019-12-30 16:00 | |
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car.
2019-12-29 09:45 | |
US, UK, France, Australia and many more – a glance of crypto tax legislation worldwide in 2019
2019-12-29 00:32 | |
Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While the US still struggles to bring regulatory clarity to the world of cryptocurrencies, its neighbor, Canada, currently faces taxation issues.
2019-12-24 11:30 | |
Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed
2019-12-9 12:00 | |
National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed the notion that they might be […] The post How to Navigate the Minefield of Cryptocurrency Taxation appeared first on Bitcoin News.
2019-11-23 02:00 | |
On Friday, November 1st, the United Kingdom’s taxation agency, Her Majesty’s Revenue and Customs (HMRC), allegedly updated their taxation guidance for businesses and individuals reports Coin Telegraph.
2019-11-10 23:31 | |
CoinMarketCap Daily Newsletter Your daily newsletter for 4 November, 2019 Help others “As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.
2019-11-7 15:03 | |
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities and private individuals.
2019-11-5 01:00 | |
Wondering how to calculate tax on your crypto assets? Our detailed guide will help.
2019-11-1 14:42 | |
The US IRS is tying up crypto users, making new steps toward crypto taxation that could potentially affect a lot of people
2019-10-31 21:45 | |
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading.
2019-10-26 03:35 | |
Coinspeaker IRS Issues New Cryptocurrency Tax GuidanceThe Internal Revenue Service (IRS) has explained the issues of taxation in situations when a person gets crypto as a result of hard fork or airdrop.IRS Issues New Cryptocurrency Tax Guidance
2019-10-11 08:25 | |
The taxman presented a case for going after income from hard forks, creating confusion on social media as dozens of forked coins may turn out to be taxable.
2019-10-10 10:20 | |
The Australian Taxation Office (ATO) is officially starting to go after crypto traders who did not pay their taxes this year. According to the office, people who did not file for their crypto earnings are expected to pay $3 billion AUD in fines.
2019-10-1 22:39 | |
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets.
2019-9-19 00:14 | |
Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide.
2019-9-6 20:30 | |
After banning cryptocurrencies in 2014, Kyrgyzstan has now submitted a draft law that will allow taxation on cryptocurrency mining
2019-8-31 20:52 | |
Authorities of New Zealand have decided that getting wages in Bitcoin and other crypto is legitimate and should be taxed similar to regular fiat salaries
2019-8-12 15:33 | |
A U.S. lawmaker has introduced a bill that, once law, would free up cryptocurrencies from double taxation under current regulations
2019-8-8 23:17 | |
The topic of crypto and taxes is a tricky one because it combines two of the most complex issues in the financial world; the very volatile world of cryptocurrency and the also the very confusing world of taxation.
2019-6-24 21:02 | |
A resident of Australia paid a whopping $100,000 of tax on Ethereum coins currently worth $20,000, pushing the investor into a net loss from a freak tax event. The rules for taxation of cryptocurrency in Australia are unfair to investors and holders, leading experts to call for reform, as reported by Micky on June 24, 2019.
2019-6-24 21:00 | |
Operating beyond national borders, cryptocurrency presents a unique set of challenges to tax collectors. As a result, authorities are moving towards increasing international cooperation and information sharing to enforce local taxation laws.
2019-6-15 23:00 | |
The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.
2019-6-8 14:00 | |
Ron Paul, a former US Representative, spoke with CNBC Crypto Trader regarding Brad Sherman’s comments on Bitcoin and aspects regarding Bitcoin’s regulations. Brad Sherman, in a hearing, said that Bitcoin should be banned as it posed a threat to the US Dollar and in turn to the US international financial power as the US Dollar […] The post Bitcoin [BTC] should have minimal regulation, taxation around it, says former US Representative Ron Paul appeared first on AMBCrypto.
2019-5-26 21:30 | |
The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U.
2019-5-21 18:00 | |
Coinspeaker IRS to Release In-Depth Crypto Tax Guidance ‘Soon’According to the IRS, they are now working on comprehensive crypto taxation guidance, which will in-depth explore 'acceptable methods for calculating cost basis, acceptable methods of cost basis assignment, and the tax treatment of forks'.
2019-5-21 11:36 | |
By CCN: Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority. The latest IRS acknowledgment of crypto taxation issues is in response to members of Congress.
2019-5-21 03:50 | |
Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a data-matching program, in an attempt to hunt down evaders.
2019-5-3 18:00 | |
The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes.
2019-5-2 13:00 | |
Taxation frustrates many in the cryptocurrency community. Investor capital gains along with Coinbase’s well-documented jockeying with the IRS, taxes continue to be an ongoing concern. There is some good news however on the U.
2019-5-1 16:00 | |
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
By CCN. com: It will now be harder for Australians to under-declare or over-declare the taxes they owe on their crypto holdings or transactions. This follows an announcement by the Australian Taxation Office (ATO) that it will collect bulk records from cryptocurrency businesses in the country.
2019-4-30 12:37 | |