IRS Gets Another Nodge by Over 20 Lawmakers to Share More Feedback Regarding Tax Rules

2019-4-12 02:40

There is a curious situation happening in the United States right now. It is as if the Internal Revenue Service (IRS) simply do not want crypto investors to pay their taxes. Before you commemorate, though, you should that they really want you to pay your taxes, they just simply cannot find a way to explain […]

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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations

The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire.   Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada.

2019-3-8 05:00


New Hampshire Lawmakers to Allow Residents Pay Tax with Bitcoin and Cryptocurrency

A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […]

2019-2-9 17:48


Jamie Dimon: ‘I Have No Problem Paying Higher Taxes’, If They’re Used Wisely

J. P. Morgan Chase CEO Jamie Dimon has declared that he does not mind paying higher taxes as long as they are used where they are “most effective”. His comment comes as something of a bolt from the blue in the midst of a polarizing debate on whether the highest-earning Americans should be required to pay a top marginal tax rate of 70 percent as proposed by a number of prominent House Democrats.

2019-2-2 18:51


Altcoins Daily Preview: Jan 10 Losses Weighing Heavily on Stellar Lumens (XLM) and Cardano (ADA)

Latest Cardano News Wyoming may be dry, cold and with cheap power but that’s where Cardano will call home. Their shifting from Japan and establishing bases here comes at a time when the state better known for their allowing businesses to pay 16 types of taxes with crypto—via BitPay and their openness—the state has more […] The post Altcoins Daily Preview: Jan 10 Losses Weighing Heavily on Stellar Lumens (XLM) and Cardano (ADA) appeared first on Ethereum World News.

2019-1-21 15:45


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Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019

Chile is to start taxing cryptocurrencies in April, when taxpayers pay their yearly income taxes, but it’s unclear at what rate. According to local media reports, the country’s revenue authority has included crypto assets in the Annual Income Tax Returns form, which will be declared as “other own income and/or third-party income from companies that […] The post Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019 appeared first on Bitcoin News.

2019-1-20 00:58


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