2022-3-24 20:33 |
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow.
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Any easing of the government's stance on crypto taxation will be contained in amendments to the bill.
2022-3-24 17:37 | |
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The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and the metaverse during its meeting on Thursday.
2022-3-5 16:40 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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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.
2021-1-9 23:11 | |
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Prominent cryptocurrency exchange Gemini announced its partnership with the tax compliance firm Taxbit on Thursday. This step was taken by the exchange to automate and optimize crypto tax reporting.
2020-10-29 15:32 | |
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Monaco, long known as a tax haven and a playground for billionaires, is close to becoming a digital currency hub after the government approved an ambitious security token project’s broader issuance plans on Thursday, reports CoinDesk.
2020-6-26 21:07 | |
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The South Korean government has decided to tax profits on cryptocurrency trading, which could take effect from 2021. Capital Gains Tax on Crypto Trading According to a report from News Asia on Thursday (June 11, 2020), cryptocurrency traders in South Korea could be taxed capital gains on their crypto trading activities come 2021.
2020-6-13 01:07 | |
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The U. S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010.
2019-9-30 09:19 | |
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Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures.
2019-9-27 11:00 | |
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By CCN: An international tax evasion authority comprising five major global economic powers is taking cryptocurrency seriously. A year ago, five world powers created the Joint Chiefs of Global Tax Enforcement, or J5, with a particular interest in cryptocurrencies.
2019-6-6 21:30 | |
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By CCN: Cryptocurrency maverick and U. S. 2020 presidential candidate John McAfee announced Thursday that he was going offline fearing for his life and freedom, prompting speculation and wild conspiracy theories on social media.
2019-5-18 17:41 | |
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It looks like California tax rates, which are some of the highest in the nation, may have cost the San Francisco Giants their shot at top MLB talent Bryce Harper. The 26-year-old professional baseball star agreed to a 13-year, $330 million deal with the Philadelphia Phillies Thursday.
2019-3-5 02:59 | |
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In a Thursday interview on CNBC show Mad Money with Jim Kramer, Sen. Elizabeth Warren came out swinging against billionaires, saying: “You know that top one-tenth of 1 percent this year, taxes all in, they’re gonna pay about 3.
2019-2-3 01:55 | |
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Coinbase, the US-based digital asset exchange wrote in a blog post on Thursday about the confusion surrounding taxes in regards to cryptocurrency transactions. The exchange noted that both their customers and the broader crypto community who are US taxpayers need clarity on the issue.
2019-1-26 16:14 | |
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The cryptocurrency-friendly company Overstock. com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state’s Ohiocrypto.
2019-1-4 05:15 | |
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France cuts crypto tax, no national cryptocurrency for Israel, and South Korean lawyers want crypto framework. Plus, Venezuela takes Petro to OPEC.
2018-11-9 02:39 | |
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0x Project is only the sixth asset ever to list on Coinbase Pro, formerly GDAX. There was a lot of speculation during last week that the listing was going to occur after the 0x Project appeared on the Coinbase tax calculator tool.
2018-10-15 15:54 | |
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Seiko Noda, Japan’s Minister for Internal Affairs & Communications, and Minister in charge of Women’s Empowerment, was questioned by the Japanese press on Thursday over her involvement with an unregistered cryptocurrency exchange, which was allegedly violating the Japanese fund settlement law.
2018-7-19 19:05 | |
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Advertisement Thursday marked a historic day for bitcoin, as the flagship cryptocurrency made its first appearance in an opinion published by the US Supreme Court. Rather, it examined whether employee stock options represent taxable compensation under the Railroad Retirement Tax Act of 1937.
2018-6-22 02:50 | |
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This article does not contain tax advice, investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. William Hinman, the Securities and Exchange Commission’ director of the division of corporate finance said Thursday that ether—the currency that powers the Ethereum network—shouldn’t be regulated in […]
2018-6-17 23:47 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.