Cryptocurrency Holders Get Tax Guidance by UK Revenue Agency

2018-12-21 00:02

HMRC has issued detailed guidance on taxation obligations for holders of Bitcoin (BTC)-alike digital assets.

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guidance holders obligations taxation bitcoin -alike assets

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UK tax agency releases guidance for crypto holders

On December 19, the United Kingdom’s tax agency released a comprehensive explanation of how it sees crypto assets and how individuals may be taxed on their holdings, CoinDesk reported. Her Majesty’s Revenue and Customs (HMRC), the government agency responsible for collecting taxes and overseeing other aspects of the nation’s coffers, explained that the report specifically […]

2018-12-19 19:21