Jack Dorsey has a 'workable simplification' for crypto tax provision

2021-8-9 01:00

The lack of regulations in the field of cryptocurrencies once again emerged as a pain point when the United States government released its proposed tax provisions, as part of the Infrastructure Bill. origin »

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tax states when pain point government united

Источник: ambcrypto.com

tax states → Результатов: 116


Фото:

Ethereum Tops $3,000 As Bull Rally Continues, Hitting Its Highest Level Since May

On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […]

2021-8-8 17:23


Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’

Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.

2021-8-7 13:34


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Amendment To Controversial Crypto Tax Rule Still Insufficient

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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Bitcoin-Bashing U.S. Rep Sherman Calls For Outright Ban On Cryptocurrencies

United States Congressman Brad Sherman (D-CA) has urged his colleagues to consider completely shutting down cryptocurrencies, arguing that they are “highly volatile”.  Sherman: Crypto Facilitates Tax Evasion A congressional hearing hosted by the House Financial Services Oversight Subcommittee on June 30 performed an overview of the budding crypto ecosystem. Sherman observed that it would make […]

2021-7-1 21:22


Blockchain Caucus Co-Chair: Government Needs The Ability To Reverse Transactions

As blockchain technology becomes more applicable to business and its uses continue to grow, investors are curious as to how the US will regulate crypto. Influential figures at the highest levels of the United States government are finally beginning to discuss cryptocurrencies, blockchain tech, digital assets, and how to regulate and tax those assets. On […]

2021-6-30 19:37


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The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm.

2020-7-4 02:45


Coinbase Issues Tax Form 1099K: What Does This Mean for Crypto Investors?

Crypto investors across the United States began receiving their 1099K tax documents from cryptocurrency exchange Coinbase this week. But what does the form actually mean for crypto investors, and what actions need to be taken, if any? Clarifying the 1099K Tax Form From Coinbase For Crypto Investors It’s tax season once again in the United... The post appeared first on NewsBTC.

2020-1-28 20:00


Ohio discontinues service allowing payment of taxes using Bitcoin

Back in November 2018, the state of Ohio in the United States had announced that it would accept cryptocurrencies for tax payments, making it the first U.S state to do so. Following Ohio’s example, Canada’s Richmond Hill and Innisfil followed suit, with the towns announcing the acceptance of cryptocurrencies as a payment option for property […] The post Ohio discontinues service allowing payment of taxes using Bitcoin appeared first on AMBCrypto.

2019-10-3 12:00


IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings

The United States’ Internal Revenue Service is in the news again after a new method of its to keep a tab on those who evade tax on their cryptocurrency earnings came to the fore. According to a 181 slide presentation, James Daniels, IRS-CI’s cyber-crime program manager, laid out a plan of extracting information from taxpayers, […] The post IRS devising more sophisticated ways to keep track of people evading tax on cryptocurrency earnings appeared first on AMBCrypto.

2019-7-10 02:30


nuco.cloud ICO

The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.

2019-7-9 17:17


Bitcoin Millionaire John McAfee Makes Cuba His Presidential HQ

By CCN Markets: Bitcoin millionaire John McAfee, who’s still running for U. S. president despite being a fugitive for tax evasion, has selected Havana, Cuba, as his campaign headquarters. John McAfee: ‘I Am Being Politically Persecuted’ McAfee made the revelation on Twitter, where he announced his “Campaign in Exile” under the banner of the Libertarian Party.

2019-6-24 00:15


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