2020-1-25 17:28 |
Recently, Bitcoin Cash (BCH) fat cats proposed the idea of a short-term 12,5% transaction tax for ecosystem development.
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A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published guidance regarding the tax treatment of digital currencies.
2019-11-20 12:00 | |
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Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in reporting numbers is the key, and may save crypto traders thousands in tax bills.
2019-11-8 20:00 | |
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Filing crypto taxes can be quite tedious and frustrating, as the process requires data from every exchange account and wallet you have ever used for a transaction. This is exacerbated by the fact that crypto is so new that the tax rules are not very clear to the average investor.
2019-9-7 18:32 | |
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Coinbase has told customers in the U. K. it will remove support for Zcash (ZEC) on the 26th of August, 2019, just days after British tax authority HM Revenue & Customs reportedly requested customer and transaction data from the cryptocurrency exchange.
2019-8-12 09:51 | |
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The British Government has requested that cryptocurrency exchanges hand over user identity data and transaction histories. HMRC, the U. K. tax authority, is expected to pursue unpaid tax revenues from the past three to four years.
2019-8-9 20:05 | |
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HM Revenue & Customs, the UK tax authority, has asked for names and transaction histories of users from three crypto exchanges operating in the UK to find users who haven't properly claimed their crypto holdings on tax returns.
2019-8-7 19:13 | |
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The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said.
2019-8-7 17:02 | |
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The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said.
2019-8-6 17:02 | |
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Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities.
2019-8-2 17:00 | |
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Reports have been coming in from the Canada Revenue Agency that the country is experiencing a massive surge in the number of tax evasion cases. According to the agency, the cases are not only directed towards individual citizens, but also large corporations hiding their transaction histories using the blockchain technology and violating local regulations in […] The post Tax evasions in Canada are on the rise – cryptos are primary suspects appeared first on CaptainAltcoin.
2019-7-20 16:32 | |
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The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on cryptocurrencies. Under the existing rules, users of cryptocurrencies are taxed twice when they use them to pay for goods and services.
2019-7-9 14:08 | |
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BitPay, the Atlanta-based payment service provider, created a buzz in the crypto-community after publicly announcing a partnership with Refundo, a financial services firm. The main objective of this collaboration is to enable U.
2019-5-2 16:00 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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CryptoNinjas EY, a global leader in assurance, tax, transaction, and advisory services, has announced the launch of the second generation of EY Blockchain Analyzer, a blockchain analytics tool at the annual EY Global Blockchain Summit.
2019-4-18 13:35 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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Bitcoin Price trading range tight Bulgaria’s NRA introduces a 10 percent tax on crypto profits Transaction volumes low as BTC/USD range within Jan 14 high-low Candlestick arrangement favors bulls.
2019-1-17 20:00 | |
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Tax time approacheth! Got all your crypto transaction records? Unsure who to contact for help? Learn the four steps to locate a great crypto tax pro! The post How to Find the Best Crypto Accountant: A Guide to Find Your Guide Through Tax Season appeared first on CoinCentral.
2018-12-14 23:27 | |
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Big time cryptocurrency traders in Japan could be getting a letter from the tax man next year. The Japanese government is developing a system to catch those who are not paying the appropriate taxes on the profits made from cryptocurrency trading, according to local news.
2018-12-4 12:43 | |
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New Tax Regulations Are a Necessity For Crypto Transactions, According to Committee For IRS The U. S. Internal Revenue Service (IRS) may pursue a recent recommendation from an advisory committee regarding cryptocurrency.
2018-10-27 22:44 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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In December 2017, Ernst & Young a global leader in assurance, tax, transaction and advisory services, analyzed the top ICOs that represented 87% ICO funding in 2017. In this study, the firm revisit the same group of companies to analyze the progress and investment return on their ICOs.
2018-10-25 03:00 | |
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The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
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The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value.
2018-8-1 02:36 | |
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The government of South Korea is considering a revision of a law which offers considerable tax benefits to cryptocurrency exchanges. A statement by the Korean government quoted in Coindesk today states that “cryptocurrency transaction brokerage is not effective in generating added value.
2018-7-31 03:05 | |
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Capital gains on crypto transactions are easy to track, one at a time. What about when there are thousands?Cryptocurrency capital gains taxes are becoming a point of interest for governments.
2018-7-31 20:04 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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The Japanese National Task Agency (NTA) has made clear that there is a great deal of paperwork following the organization of tax returns for itself as well as cryptocurrency traders in the country.
2018-7-17 20:24 | |
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The Australian Tax Office (ATO) is making it known to every crypto trader that transactions involving converting cryptocurrencies into fiat currency are under its microscope. If you make such a transaction, ATO wants you to pay your tax dues.
2018-6-18 20:37 | |
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Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.
2018-7-21 04:03 | |
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