US Lawmakers Try Again on Tax Relief for Small Crypto Payments

2020-1-17 00:15

House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.

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crypto exempt legislation bipartisan realized gains taxation

crypto exempt → Результатов: 30


New Congressional Bill Seeks To Exempt Small Crypto Transactions From Taxes

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


Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force

Representative Tom Emmer of Minnesota will be the ranking member of Congress on a Task Force to advance the national discussion on emerging financial technology. Emmer previously sponsored legislation such as the Blockchain Regulatory Certainty Act, which helped exempt certain blockchain businesses from onerous reporting and licensing requirements when they do not take control of […] The post Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force appeared first on Crypto Briefing.

2019-10-17 02:13


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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations

The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire.   Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada.

2019-3-8 05:00


Bitstamp Crypto Exchange Ownership Change Looks to Be Just the Start of Management Shakeups

Management Shakeup On The Cards For Crypto Exchange Bitstamp In the world of cutthroat competition, a stark reality is the lack of job security, and even top management is not exempt from this. According to sources, the EU licensed online currency exchange hub, Bitstamp is expected to announce a management reshuffle. The exchange has recently […]

2018-11-4 07:08


Chief Accountant At SEC Talks Crypto Holdings And “Fundamental Responsibility” To Report Activities

There are many companies that have digital assets filling up their account books to make some extra space. However, in a recent reminder from the US Securities and Exchange Commission, these types of holdings do not make them exempt from the “fundamental responsibility” of reporting their financial activities to the proper entities. Wesley Bricker, who […]

2018-9-21 10:46