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India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here
It's "D" Day for India as the crypto community deals with the imposition of the most controversial tax provision today. Calculating the predicted impact of the tax will be a wait-and-watch game at a time when the global investment community is facing a slowdown. дальше »
2022-7-2 01:09 | |
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Portuguese Parliament blocks bill to tax crypto
Portuguese policymakers recently submitted a bill to tax cryptocurrency, threatening to derail the country’s thriving crypto community. The post Portuguese Parliament blocks bill to tax crypto appeared first on CryptoSlate. дальше »
2022-5-26 13:00 | |
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Portuguese government to establish cryptocurrency taxation soon
The crypto community seems to be having a difficult time finding a slack. More negative headlines, particularly for investors in Portugal, have emerged after the disastrous market meltdown. Portugal, formerly considered a tax haven owing to the government’s zero-taxation policy, might soon lose its status as a tax haven. дальше »
2022-5-18 22:03 | |
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India’s Controversial Crypto Tax Policy Formally Becomes Law Despite Community Outrage
Indian crypto tax policy has become the talk of the town for crypto investors and exchange providers in recent weeks. In just one week, Indians will start paying a cumbersome 30% tax on the proceeds made on cryptocurrencies after the nation’s Parliament passed the proposal on Friday. дальше »
2022-3-26 19:08 | |
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First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000. дальше »
2022-3-17 01:31 | |
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Bitcoin Millionaires are Relocating to Puerto Rico for Lower Taxes and Island Life
In recent times, tax breaks and a tropical island lifestyle seem to have lured bitcoiners to Puerto Rico. As the community expands, it draws more people from abroad and within the state. However, not everyone is pleased about this development. дальше »
2022-1-17 22:00 | |
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Senator assures there will be clarity in US Infra bill's tax reporting requirements
The $1 trillion US Infrastructure Bill has sent waves of panic through the crypto community. Stakeholders across the ecosystem wonder whether they'll be able to comply with the bill's stringent reportThe post Senator assures there will be clarity in US Infra bill's tax reporting requirements appeared first on AMBCrypto. дальше »
2021-11-20 00:30 | |
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Elon Musk To Sell 10% Of His Tesla Stocks To Buy Bitcoin? Community Speculates
The CEO of Tesla Elon Musk has shaken the finance world once more, and the consequences could impact Bitcoin. Via his Twitter account, Musk asked his followers if he should sell 10% or around $25 billion of his company’s stocks as a result of potentially new tax requirements on unrealized gains to be implemented in […] дальше »
2021-11-7 01:34 | |
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Treasury Seeking More Crypto Reporting Requirements, Global Data-Sharing, in Reconciliation Package
The Treasury Department is looking to add more crypto reporting requirements in the reconciliation bill. On the one hand, the Treasury wants to introduce more rules for cryptocurrency transaction reporting; on the other hand, the officials of the department have been telling media that the crypto community’s fear about tax provision in the $1 trillion […] The post Treasury Seeking More Crypto Reporting Requirements, Global Data-Sharing, in Reconciliation Package first appeared on BitcoinExchangeGuide. дальше »
2021-8-31 17:05 | |
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US Treasury says Crypto Community’s Fear About Tax Provision in the Infrastructure Bill is Unwarranted
While the Treasury Department yet again tries to assuage the crypto community’s concerns, Jerry Brito of CoinCenter says there’s “little comfort” in it. The post US Treasury says Crypto Community’s Fear About Tax Provision in the Infrastructure Bill is Unwarranted first appeared on BitcoinExchangeGuide. дальше »
2021-8-25 16:37 | |
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Jack Dorsey Explains “Broker” Meaning in Ongoing Cryptocurrency Tax Bill Dispute
People are reacting differently to the US cryptocurrency tax bill that is shaking the community in recent times. There is a high apprehension that the bill might win the debate and becomes a law in the United States. дальше »
2021-8-12 19:18 | |
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Fight For Amendment Of Crypto Tax Rules Intensifies As More ‘Disastrous’ Drama Plagues Movement
The Bipartisan Infrastructure Bill, which includes a provision for stricter cryptocurrency taxation oversight, has recently been the cause of fervor in the US Senate and the cryptocurrency community. дальше »
2021-8-11 18:39 | |
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Latest Cryptocurrency Tax Moves in the U.S. Explained
The IRS is again playing a good and a bad cope with Americans as ambiguous tax bills proposed by Senators have been met with mixed feelings in the cryptocurrency community. The post Latest Cryptocurrency Tax Moves in the U.S. Explained appeared first on BeInCrypto. дальше »
2021-8-9 18:00 | |
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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider
The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.” Along with the crypto […] дальше »
2021-8-10 17:42 | |
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Yearn’s Builder-First Legal Activism DAO Gets Full Support as Crypto Regulation Heats Up
While the crypto community fights against the controversial bipartisan infrastructure bill that overreaches in its definition of the term “broker” in regards to crypto tax provision, popular decentralized finance project Yearn proposed funding a builder-first legal activism decentralized autonomous organization (DAO). дальше »
2021-8-9 03:13 | |
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Cryptocurrency Industry in Chaos as White House Endorses New Amendment to Controversial Crypto Tax Provision
A White House-supported amendment to the controversial cryptocurrency provision in the infrastructure bill has seemingly divided the cryptocurrency community along tribal lines дальше »
2021-8-6 07:55 | |
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Taboo: A New Deflationary Token with NFT Platform Support
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. дальше »
2021-5-27 14:00 | |
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Taboo: A New Deflationary Meme Token with NFT Platform Support
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. дальше »
2021-5-27 20:23 | |
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Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community
The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. дальше »
2021-3-5 11:30 | |
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Bitcoin Cash vs Bitcoin: How is BCH measuring up in 2020?
There is discord and disagreement within the Bitcoin Cash community again around plans to tax BCH miners - and the potential of yet another fork is looming. Almost two years on from the Bitcoin Cash / Bitcoin SV hardfork drama - where is Bitcoin Cash today in terms of its goal to ‘be a better Bitcoin’ - and where does it go from here? дальше »
2020-9-17 19:00 | |
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The Bitcoin Cash Community Is Splitting Once Again
Controversy continues in the Bitcoin Cash community as the proposal to implement a forceful miner tax has been confirmed and will be added to Bitcoin ABC’s next client upgrade. This...The post The Bitcoin Cash Community Is Splitting Once Again appeared first on Crypto Briefing. дальше »
2020-2-18 10:07 | |
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Bitcoin Cash Miner Revises Rewards Tax, Community Still Skeptical
On Feb. 1, 2020, Jiang Zhuoer of BTC.TOP, the operator of a powerful mining pool in the Bitcoin Cash ecosystem, revised his stance on the controversial miners’ donation. He had...The post Bitcoin Cash Miner Revises Rewards Tax, Community Still Skeptical appeared first on Cryptocurrency News. дальше »
2020-2-3 10:40 | |
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Bitcoin Cash Dev Tax Could Have Serious Impact on Bitcoin Mining
Miners claiming to represent the majority of Bitcoin Cash’s (BCH) hash rate intend to implement a plan to tax other miners in the community. Most remarkably, this tax could also affect all cryptocurrencies that share the SHA256 algorithm, including Bitcoin. дальше »
2020-1-31 22:00 | |
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Roger Ver’s Bitcoin.com Mining Pool Pulls Out Of Bitcoin Cash Tax For Development Fund
Bitcoin. com, a mining pool associated with Roger Ver, has announced it has withdrawn its support for the proposed BCH development fund which has been controversial among BCH miners due to insufficient consultation in the community. дальше »
2020-1-29 23:19 | |
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Why the Bitcoin Cash ‘Dev Tax’ is a Colossal Mistake
The proposal to create a special “developer tax” could split the Bitcoin Cash community, and do more harm than good. Peter Rizun, the chief scientist at Bitcoin Unlimited, commented on the intention to bring miners under a centralized authority. дальше »
2020-1-27 16:00 | |
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Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax
The bitcoin cash community has been splintered by the sudden introduction of a 12.5% miner's tax. Is BCH digging its own grave? The post Bitcoin Cash (BCH) Community Fractured by Sudden 12.5% Mining Tax appeared first on CCN.com дальше »
2020-1-23 18:36 | |
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This Bitcoin Fork’s Funding Proposal is Drawing Serious Criticism
A bizarre infrastructure funding proposal for Bitcoin’s foremost offshoot, BCH has landed it the ‘centralized crypto’ label from the community. Bitcoin Cash Mining Tax A controversial funding proposal from the CEO of the largest BCH mining pool has raised concerns of centralization among the wider crypto community. дальше »
2020-1-23 11:30 | |
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Messari Research Piles On The Pain For XRP Community, Alleging That Ripple is A ‘Tax Shelter’
In the Messari Unqualified Opinions blog, it seems that Ripple and XRP may not be having a good week. Released shortly after an article by Elliptic suggested a connection between $400 million in illicit activity and XRP, the article compared the activity to that of Bitcoin, which is tied to $829 million. The author of […] дальше »
2019-11-21 00:08 | |
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IRS Issues New Crypto Tax Guidance – Experts Weigh In
The U. S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. дальше »
2019-10-10 09:30 | |
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IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
The U. S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. дальше »
2019-10-10 09:30 | |
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Are Tax Moves to Puerto Rico Worth It for Crypto Holders?
Some in the crypto community have embraced moving to Puerto Rico for tax reasons. Our tax expert explains whether or not it is worth it
дальше »2019-9-22 21:10 | |
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PwC Corporate Tax Partner: Singapore To Benefit Crypto Businesses By Cutting Taxes
Singapore is currently making a move that may help the local crypto community a lot. The country is planning to exempt some digital currencies from a tax called Good and Services Tax. The idea is that this could benefit several crypto-related businesses and help the growth of the industry in the country. An expert from […] дальше »
2019-7-30 06:17 | |
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The Rise of Economic Development Zones: A Way To Mitigate Crypto Taxation?
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. дальше »
2019-5-1 16:00 | |
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Puzzling Bitcoin Tax Regulations are Causing Quite the Cryptocurrency Community Stir
Andrew Yang is a 2020 presidential candidate who has his sights set on crypto reform. His webpage features a brief titled Crypto/Digital Asset Regulation and Consumer Protection. Therein, he notes that there is an absence of a national framework for crypto and digital assets. дальше »
2019-4-23 19:29 | |
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Taxing Times: Crypto And A Redesigned Social Contract
It’s tax time again, and no doubt the American crypto community is wrestling with the complexities of filing their crypto earnings – or losses – with the IRS. On a more philosophical level, though, where do borderless virtual currencies fit within national tax regimes and the social contracts they help fund? The Paradox of Taxing […] The post Taxing Times: Crypto And A Redesigned Social Contract appeared first on Crypto Briefing. дальше »
2019-4-16 20:32 | |
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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes
Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin. дальше »
2019-3-28 19:04 | |
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Camuso CPA Review: Cryptocurrency Tax Preparation and Trade Tax Planning
Camuso is a CPA firm with a tax preparation division that aims at enhancing the growth of the cryptocurrency industry by providing tax, finance, and accounting services that cater for investors, miners, taxpayers and small businesses that deal in cryptocurrencies. дальше »
2019-3-2 22:41 | |
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The German Government Seeks the Blockchain Community’s Input on new Laws
While the German government is preparing for a strategy presentation this summer, they have also sought the consultation of the blockchain community, reported February 18, 2019. Talking Points As time goes on, more and more governments have adopted the use of blockchain in transportation, tax collection, and so on. дальше »
2019-2-20 15:00 | |
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Japan Association of New Economy (JANE) Requests FSA to Review Tax Scheme on Crypto Trading
The crypto community in Japan might see a new day soon as the Japanese Financial Services Agency has been requested by the Japan Association of New Economy (JANE), to significantly decrease the existing tax rate payable for earnings made via cryptocurrency transactions and trading. дальше »
2019-2-16 01:07 | |
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Coinbase Announces New Resources for Crypto Taxation
Coinbase, the US-based digital asset exchange wrote in a blog post on Thursday about the confusion surrounding taxes in regards to cryptocurrency transactions. The exchange noted that both their customers and the broader crypto community who are US taxpayers need clarity on the issue. дальше »
2019-1-26 16:14 | |
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Credit Karma: Confusing US Crypto Tax Laws May Lead to $1.7 Bln In Losses Go Undeducted
Back in 2018, the cryptocurrency community in the United States decided to sell assets and pay the large tax bills after the massive bull run experienced in 2017. In 2017, Bitcoin (BTC) moved from under $1000 up to $20,000 by the year end, allowing several users to become millionaires in just a year. However, in […] дальше »
2019-1-16 20:36 | |
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Confusing U.S. Tax Laws Lead to $5 Billion In Unrealized Crypto Losses
Last year, the crypto community pointed fingers at tax payers liquidating assets in order to cover inflated tax bills due to the substantial gains realized during the 2017 Bitcoin bull run as among the chief reasons the bear market had begun. дальше »
2019-1-16 23:00 | |
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US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition
Two U. S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. дальше »
2018-12-21 17:45 | |
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France Rejects Crypto-Friendly Tax Amendments
France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. дальше »
2018-12-19 07:15 | |
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France Rejects Cryptocurrency-Friendly Tax Amendments
France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. дальше »
2018-12-19 07:15 | |
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