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On Bitcoin & Taxes: 2023 Might See Crypto Taxed And Here’s Why
The cryptocurrency space has been on the grayer side of the financial space since its conception. But with bitcoin and the traditional financial and crypto sector in general getting more intertwined, the government now seems to have found a way for cryptocurrency to be taxed. дальше »
2023-1-9 09:40 | |
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Crypto Tax Guide: Understanding Crypto Taxes at a Glance
Are you struggling to understand what the tax implications of trading crypto might be? In this quick guide produced by the crypto tax experts at Ledgible, we’ll walk through the basic things you’ll need to know about crypto taxes globally. дальше »
2022-11-3 18:00 | |
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Best Crypto Tax Software Australia [FREE & Paid] – Australian Crypto Tax App
Best crypto tax software in Australia Crypto taxes are complex and you have to pay them if you’re living in Australia. You might want to keep your digital currency holdings separate from your regular investments, but you still need to pay income tax like everyone else. дальше »
2022-10-24 22:58 | |
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Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative
India’s regulatory agencies are pulling all the tricks from the playbook in an attempt to regulate cryptocurrencies, but it might not just be enough after imposing bans and introducing taxes. The post Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative appeared first on BeInCrypto. дальше »
2022-6-14 19:45 | |
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Report: Crypto traders potentially owe IRS around $50B in unpaid taxes
A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service (IRS), saying that the tax gap for crypto traders could be up to $50 billion, CNBC reported. дальше »
2022-5-20 20:50 | |
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Explained - Rio de Janeiro's 'plan' to accept taxes in crypto
Can you imagine paying your taxes in crypto? If you wonder what that might entail, the crypto-traders of Rio de Janeiro might be able to give you some answers in 2023. The former Brazilian capital The post Explained - Rio de Janeiro's 'plan' to accept taxes in crypto appeared first on AMBCrypto. дальше »
2022-3-27 17:30 | |
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4 Crypto Tax Myths You Need to Know
With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hunnum. This piece is part of CoinDesk's Tax Week. дальше »
2022-2-25 22:49 | |
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Crypto Taxes You Should Be Aware Of This 2022 – The IRS Breathes Down Your Neck
If you’ve gone deep in the current crypto craze, you might need to prepare your heart once you do your crypto taxes. Crypto may have started out as a humble money gig, but with its total value at nearly $2 trillion, many are betting it’s “the future of money. дальше »
2022-2-18 06:17 | |
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Colorado will accept crypto for taxes starting this summer
The cryptocurrency regulatory framework in the US might not be well established, but this has not hindered the use and adoption of digital assets. Multiple states are rushing to endorse crypto assets and promote their regions as hubs for cryptocurrency trading. дальше »
2022-2-17 11:46 | |
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Thai lawmaker says taxing crypto trades might discourage investors
Thai ruling party MP Watanya Wongopasi has warned that crypto investors might shy away from injecting funds into the sector if the Excise department starts taxing trades. She said this in a Facebook post on January 20, urging the Excise department to conduct due diligence before imposing any taxes on crypto trading. дальше »
2022-1-22 00:45 | |
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Government Adoption: Cryptos are property in Texas, Hungary to cut taxes
The ruling class is turning its eye to the cryptocurency space. Institutional adoption is one of the biggest stories of the last few months. After that, governments might follow suit. From MicroStrategy to Square, from Visa to Goldman Sachs, institutional buyers and big companies are slowly moving into the space. The money attracted them, and […] дальше »
2021-5-13 04:51 | |
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IRS found a new way to go after US crypto users
Paying taxes on crypto has been something that the IRS has been very insistent on for quite a long time now. However, a lot of people who earn money through crypto trading still seem to believe that the nature of crypto and blockchain technology might be enough to protect them. дальше »
2021-5-10 15:41 | |
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Miami inches toward crypto adoption; Proposes to pay workers in BTC
Miami residents might soon start paying all or part of their taxes, among other fees in Bitcoin (BTC). The city’s pro-crypto mayor, Francis Suarez unveiled this news through a tweet on February 12, noting that the city’s commission held a meeting on Thursday and voted in favour of promoting crypto. дальше »
2021-2-13 23:23 | |
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South Korea: Crypto Tax Law Might Be Postponed Until 2022
South Korea’s National Assembly may grant a three-month extension for the enactment of its planned crypto tax policy following consultations with industry stakeholders. Several commentators within the country’s cryptocurrency space still argue that levying taxes on virtual currency trading gains will likely stifle the growth of crypto commerce in the country. дальше »
2020-11-25 16:30 | |
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Are Whales Selling Bitcoin to Put Down a Loss on Their 2019 Taxes?
One noteworthy crypto-commentator has said that Bitcoin whales might be selling to put down losses on their 2019 tax return. How plausible is this theory? The founding partner of Partner Adamant Capital, Tuur Demeester (@TuurDemeester), has brought forward an interesting idea: what if major players in Bitcoin are selling to avoid taxes? One argument for […] The post Are Whales Selling Bitcoin to Put Down a Loss on Their 2019 Taxes? appeared first on BeInCrypto. дальше »
2019-11-26 10:34 | |
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IRS Refunds Tax-Paying Crypto Users
The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related taxes has been a major question within the US for a few years now. дальше »
2019-11-15 11:42 | |
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US Crypto Taxes Are Still A Kafkaesque Nightmare
Taxes are never popular, but in the U. S. , paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations, but there’s no knowing until the tax authority explains exactly what those obligations are. дальше »
2019-9-5 21:21 | |
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Satoshi Nakaboto: ‘Craig Wright might have to dump $2B worth of Bitcoin to pay taxes’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. дальше »
2019-8-28 12:46 | |
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U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. дальше »
2019-5-1 23:39 | |
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It’s April 2019 Most Common Questions Bitcoin Users Have Regarding Cryptocurrency and Taxes
Many crypto investors today are full of common misconceptions that might actually end up affecting them in an adverse manner later down the line. For example, a lot of people are still under the impression that crypto assets are not taxable and thus can be used to circumvent the existing income tax laws of different […] дальше »
2019-4-1 14:38 | |
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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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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes
According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme. дальше »
2019-2-22 01:23 | |
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Intuit’s Turbo Tax Adds a New Option if Transacting or Selling Cryptocurrencies for IRS Tax Returns
In the United States, the Internal Revenue Service (IRS) will be knocking cryptocurrency users’ doors explaining that it is mandatory to inform crypto trades and pay the related taxes on them. Investors, holders, and other individuals must be compliant with this issue. дальше »
2019-1-30 20:59 | |
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Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS
The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that 61% of holders don’t realize they can write off last years losses as a tax deduction. дальше »
2019-1-30 09:00 | |
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Crypto Adoption: Pro-Blockchain Overstock Pays Taxes In Bitcoin (BTC)
Overstock Pays Business Taxes In Bitcoin According to a press release from Overstock. com’s Investor portal, the Salt Lake City-headquartered online retailer and blockchain technology startup will begin to pay its business taxes with Bitcoin (BTC). дальше »
2019-1-4 05:00 | |
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Bitcoin Tax Payments in Ohio is Now a Possibility
Ohio might just become the first state to successfully adopt Bitcoin as tax payment, after failed attempts from other states in the country. Ohio’s Cryptocurrency Initiative Set to Fly High According to the Wall Street Journal, businesses in Ohio can now pay its taxes, ranging from taxes from cigarette sales to employee taxes, using the […] The post Bitcoin Tax Payments in Ohio is Now a Possibility appeared first on Ethereum World News. дальше »
2018-11-27 13:05 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
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. дальше »
2018-10-24 19:38 | |
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Cryptocurrencies Could Emerge As Top Save Haven For Chinese Investors Amidst Govt Crackdown
The Chinese government has decided to tight policies that target investors in the country and that hold their wealth overseas with the intention to avoid paying taxes. However, these investors that are now threatened by the government might move to cryptocurrencies and avoid being investigated by Chinese authorities. Most of the Chinese investors with offshore […] дальше »
2018-10-15 18:24 | |
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Crypto Execs Tell Congress to Fix Tax Rules
The old saying about Death and Taxes is not quite accurate when it comes to cryptocurrencies. The Internal Revenue Service may seem as implacable as the specter of mortality, but at least the Grim Reaper is upfront about the price. дальше »
2018-9-25 21:20 | |
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Japan’s Finance Manager Hesitates to Change Cryptocurrency Tax Regulations
Japan’s top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. Taro Aso, the deputy prime minister and minister of finance, said he was cautious about making such a change. дальше »
2018-6-27 08:05 | |
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