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IRS Rolls Out ‘Operation Hidden Treasure’ to Find Crypto Evators Creating Tax Fraud
The United States Internal Revenue Service (IRS) is looking to enforce cryptocurrency tax compliance with its recent initiative. “Operation Hidden Treasure” Is Not A Fun Game The IRS will be coming down hard on those who under-report their crypto gains in their tax forms, Forbes reports. дальше »
2021-3-10 18:47 | |
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South Korea: ICON Foundation Will Not Be Charged Even As ICONLOOP is Under Investigation
An official response by ICON to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP has been released. President Min Kim Makes a Clarification The ICON Foundation President Min Kim said in an announcement that the ICON Foundation will not be under the influence of the investigation. The ICON Foundation isRead More дальше »
2021-3-9 21:00 | |
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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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Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion
U. S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. дальше »
2021-3-5 09:30 | |
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Kentucky Offers Tax Exemption to Attract Crypto Miners
Lawmakers in the U. S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes. Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar. дальше »
2021-3-4 12:00 | |
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U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors
United Kingdom crypto investors braced themselves for significant changes in the treatment of Capital Gains Tax (CGT). The post U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors appeared first on CryptoSlate. дальше »
2021-3-4 11:00 | |
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Kentucky Legislators Approve A Bill To Offer Tax Breaks For Crypto Miners
After a 19 to 2 vote, Kentucky legislators voted in favor of a bill likely to attract crypto miners to the state. On Tuesday Kentucky House budget committee okayed House Bill 230, which proposes tax breaks to crypto mining businesses that open their shop in the state of Kentucky. дальше »
2021-3-4 21:28 | |
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IRS Changes Tax Requirements; Purchasing Crypto with Fiat (USD) Doesn’t Need to be Reported
If a person has purchased cryptocurrencies with USD, such a transaction is not reportable to the Internal Revenue Service (IRS), clarifies the updated FAQ on Virtual Currency Transactions on the official website. дальше »
2021-3-4 21:08 | |
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Kentucky Lawmakers Approve Bitcoin Miner Incentive Bill
Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state. дальше »
2021-3-5 21:01 | |
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TaxBit привлекла $100 млн в раунде с участием PayPal, Coinbase и компании Уинклвоссов
Компания TaxBit, разработчик ПО для расчета налогов и автоматизации бухгалтерского учета криптовалют, объявила о закрытии раунда финансирования Серии А в размере $100 млн. TaxBit Just Raised $100 Million To Solve Cryptocurrency’s Looming Tax Problem. дальше »
2021-3-4 18:09 | |
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Kentucky bill to provide tax breaks for local crypto miners
Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.
дальше »2021-3-4 15:38 | |
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Binance Tax Calculators – 3 Steps to Calculate Binance Taxes
Binance is the leading crypto exchange when it comes to number of listed coins and trading volume so you have probably done some trading on it. And now you need to pay taxes on those trades. This guide will help you learn how to do Binance tax calculation. дальше »
2021-2-25 00:04 | |
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U.K. tax authorities eye crypto assets in up-and-coming budget
According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. The post U.K. tax authorities eye crypto assets in up-and-coming budget appeared first on CryptoSlate. дальше »
2021-2-24 03:00 | |
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South Korea’s Crypto Tax Law Coming in 2022
The South Korean government has decided on a date for its 20 percent cryptocurrency taxation policy. However, the impending crypto tax regulation is being met with some resistance. Kimchi Crypto Tax Law Gets Finalized Start Date South Korea has once again altered the date for the implementation of its controversial crypto tax plan. According toRead More дальше »
2021-2-23 02:00 | |
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Bill Gates explains why he associates Bitcoin with tax avoidance and illegal activity
Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. The post Bill Gates explains why he associates Bitcoin with tax avoidance and illegal activity appeared first on CryptoSlate. дальше »
2021-2-19 09:00 | |
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KPMG LLP, BitGo, Inc. and Coin Metrics, Inc. launch combined offering including the debut of Coin Metrics’ FARUM™ for public blockchain networks
KPMG LLP, the audit, tax and advisory firm, BitGo, Inc and Coin Metrics Inc. have announced a combined offering and the commercial launch of Coin... дальше »
2021-2-19 07:00 | |
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Swiss Canton of Zug to Start Accepting BTC and ETH for Tax Payments
The Zug cantonal tax office has enabled this crypto adoption using the Bitcoin Suisse Crypto Payments solution, the announcement read. An accompanying video shows how Swiss crypto-enthusiasts can use their BTC or ETH to pay their taxes. дальше »
2021-2-19 22:41 | |
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Russian Legislators Advance the Crypto Tax Bill Recognizing Digital Assets as Property
The world’s largest country is moving closer to setting up crypto taxation laws after the lower representative house. State Duma passed the first reading on the draft bill affecting digital assets. дальше »
2021-2-19 21:55 | |
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Russia introduces draft law to tax cryptocurrency as property
Russia’s State Duma Committee has begun preparing new legislation for cryptocurrencies. According to an official announcement made earlier today, the country’s lawmakers noted the introduction of The post Russia introduces draft law to tax cryptocurrency as property appeared first on AMBCrypto. дальше »
2021-2-16 18:30 | |
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Argentinean Prosecutor Investigates Alleged Bitcoin Scam Ganancias Deportivas
In Mendoza, Argentina, law enforcement launched an investigation against a sports-related investment site for presumably being a bitcoin scam. Among the inquiries, authorities are investigating if they’re involved in money laundering and tax evasion. дальше »
2021-2-16 09:30 | |
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Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
The U. S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. дальше »
2021-2-13 23:10 | |
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Leading Crypto Tax Platform Ledgible Joins The Accounting Blockchain Coalition
Verady, maker of the Ledgible cryptocurrency tax and accounting platform, announced that the Company joined the Accounting Blockchain Coalition. Verady’s extensive expertise will add to working papers, education, and other resources on... дальше »
2021-2-11 09:00 | |
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South African Tax Regulators Shift Focus To Crypto; Sends Out Audit Requests
According to local news firm, Broadband, SARS sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. This was confirmed by Tax Consulting South Africa, which has recently been approached by a number of taxpayers on the issue. дальше »
2021-2-6 20:36 | |
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Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With Cryptocurrencies
The State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin. The document is part of the general program of the so-called Annual Tax and Customs Control Plan. дальше »
2021-2-5 04:30 | |
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Majority of Countries Need far Clearer Tax Guidance on Crypto Staking: US Library of Congress
While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States' Library of Congress, this assessment published a thorough 124-page report this month. дальше »
2021-2-5 21:30 | |
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US Library of Congress report highlights proof-of-stake tax blindspot
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon.
дальше »2021-2-5 17:26 | |
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MicroStrategy CEO addresses FUD over tax issues for Bitcoin investors
MicroStrategy’s Michael Saylor recently made bullish statements about Bitcoin in a recent interview. While reiterating the personal custody features of the asset, the CEO asserted that even if somebThe post MicroStrategy CEO addresses FUD over tax issues for Bitcoin investors appeared first on AMBCrypto. дальше »
2021-1-26 23:30 | |
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Kentucky Wants to Be a ‘National leader’ in Crypto Mining, Offers Tax Exemptions
On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks. Kentucky Crypto Mining Bill The proposal was submitted to the General Assembly, which would see Bitcoin and other cryptocurrency miners enjoy some taxRead More дальше »
2021-1-13 14:00 | |
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Crypto Tax Automation Startup TaxBit Secures Investment from Paypal, Coinbase, and Winklevoss Capital
According to an announcement on Thursday, Paypal, Coinbase, and Winklevoss Capital have invested in crypto tax automation startup TaxBit. The tax compliance startup seems to gain traction from prominent players in the crypto industry. дальше »
2021-1-9 23:11 | |
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South Korean Government to Start Taxing Crypto Trading Profits in 2022
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will be enacted in February, and profits from […] дальше »
2021-1-9 13:15 | |
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