2019-8-8 21:00 |
Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code
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The U. S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment.
2019-7-10 05:30 | |
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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: President Trump is taking a stand against Deutsche Bank and Capital One for participating in a frivolous plan once again being enacted by House Democrats. This time, liberals are looking to gain access to the president’s financial records, including data regarding his personal finances, his businesses, and his long-sought tax returns.
2019-5-2 03:24 | |
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The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets.
2019-4-16 22:26 | |
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The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).
2019-4-3 00:47 | |
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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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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.
2019-3-28 19:04 | |
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Did you end up taking a loss in crypto markets in 2018? If the answer was yes, here’s some… The post Get Up to $3,000 Back at Tax Time This Year with CoinTracking.info appeared first on Invest In Blockchain.
2019-2-5 06:25 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about cryptocurrency tax obligations for users and how the regulatory landscape is taking shape around the globe.
2019-1-14 11:00 | |
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As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.
2019-1-3 20:53 | |
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The tax-collection organisation that operates within Israel has announced that it will be taking on a newly firm stance against cryptocurrency-based traders and Investors operating within the country.
2018-12-9 22:19 | |
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Plans for EU-wide digital services tax to prevent tax evasion were struck down this week as the proposal didn’t receive unanimous support from all 28 member states. This happened despite Germany and France‘s attempt to reach a consensus by proposing a bill full of concessions, which would specifically target behemoths like Google and Facebook.
2018-12-6 13:08 | |
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Cryptocurrency, Taxes–Earlier today EWN reported on a development by several different countries, including Japan, to impose more severe regulations and protocols for catching so-called “cryptocurrency tax evaders.
2018-12-5 02:01 | |
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Thomson Reuters (TR) provides trusted data and information to professionals across the legal, tax and accounting, and news and media industries. Operating in more than 100 countries, TR lists its shares on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSE).
2018-10-30 00:44 | |
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Being in a new country can be confusing and scary at times. Australian crooks are taking advantage of this and are using Bitcoin ATMs to scam newly-arrived migrants out of their life savings. It seems the crooks managed to scam more than $35,000 USD ($50,000 AUD) out of four Australian immigrants by telling them they needed to pay a tax debt.
2018-10-5 15:11 | |
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The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019.
2018-8-28 20:18 | |
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The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition tasked with combating cryptocurrency-related tax crimes.
2018-7-5 03:00 | |
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The crypto-friendly U.S. Representative Patrick McHenry has become Speaker pro tempore of the House of Representatives
A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle placed under the Federal Reserve (Fed) oversight
The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency.
In a recent interview, U.S. House Minority Leader Kevin McCarthy said lawmakers should not ignore bitcoin, but understand its future role.
U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing.
Republican leader Kevin McCarthy has called for an exploration to see if blockchain can make the U.S. government more efficient and transparent.