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Crypto Group Asks IRS to Make Small Payments Tax-Free

The Wall Street Blockchain Alliance is the latest to ask the U. S. Internal Revenue Service (IRS) to consider a ‘de minimis’ exemption for crypto tax payments below a specific value. IRS Should Reduce Crypto Tax Burden According to Law360, the Wall Street Blockchain Alliance has written a letter to the IRS calling for tax exemptions for crypto transactions below a certain threshold. дальше »

2020-2-6 19:00


Coinbase Issues Tax Form 1099K: What Does This Mean for Crypto Investors?

Crypto investors across the United States began receiving their 1099K tax documents from cryptocurrency exchange Coinbase this week. But what does the form actually mean for crypto investors, and what actions need to be taken, if any? Clarifying the 1099K Tax Form From Coinbase For Crypto Investors It’s tax season once again in the United... The post appeared first on NewsBTC. дальше »

2020-1-28 20:00


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Spill Your Sats: US Tax Advisor Tells Crypto Customers to Self-Report on Taxes, Even If Imperfectly

Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers to be sure to disclose their details. дальше »

2020-1-27 11:00


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Dubai Launching Crypto Valley in Tax-Free Zone

A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, events, […] The post Dubai Launching Crypto Valley in Tax-Free Zone appeared first on Bitcoin News. дальше »

2020-1-27 19:30


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Dubai Launching Crypto Valley in Tax-Free Zone – No Personal or Corporate Income Tax

A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone where there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, […] The post Dubai Launching Crypto Valley in Tax-Free Zone – No Personal or Corporate Income Tax appeared first on Bitcoin News. дальше »

2020-1-27 19:30


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Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move

It has been suggested by BTC.Top CEO Jiang Zhuoer and a cartel of other miners, that a 12.5 percent tax be imposed on Bitcoin Cash (BCH) block rewards for development fees on the protocol. This comes with a threat of orphaned blocks for those who don’t adhere to the payment and an overarching feeling of […] The post Bitcoin Cash Proposed Miner Tax Could be a Suicidal Move appeared first on BeInCrypto. дальше »

2020-1-24 16:10


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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News. дальше »

2020-1-23 07:55


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6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail

Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud scandal known as the Cum-ex Files. дальше »

2020-1-22 19:40


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UK Tax Agency to Pay $100K for Blockchain Surveillance Software

On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset transactions. дальше »

2020-1-22 22:10


UK's HMRC seeks to identify cybercriminals using 'blockchain-analysis tool'

The UK's tax, payments, and customs authority, HM Revenue and Customs [HMRC] is reportedly looking to invest in a "crypto-asset blockchain analysis tool" that could identify criminals indulging in theThe post UK's HMRC seeks to identify cybercriminals using 'blockchain-analysis tool' appeared first on AMBCrypto. дальше »

2020-1-21 20:20