Over 99% of crypto investors don’t report taxes, report indicates

Over 99% of crypto investors don’t report taxes, report indicates
фото показано с : btcmanager.com

2023-4-7 15:50

As the cryptocurrency market continues to grow, tax authorities worldwide face mounting challenges in ensuring compliance.  A recent study by Divly, a crypto-tax platform, reveals that a mere 0.53% of cryptocurrency investors globally declared their crypto activities to local tax…

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Источник: btcmanager.com

report tax → Результатов: 126


How To Do Your KuCoin Taxes – Get KuCoin Transaction History For Tax Purposes

Kucoin provides a wide range of crypto services and you need to pay taxes on every one of them, be it trading, buying, selling, staking etc. Creating a Kucoin tax report is not that hard, especially if you use specialized crypto tax calculators that help you get Kucoin trading history and manipulating that data to […] The post How To Do Your KuCoin Taxes – Get KuCoin Transaction History For Tax Purposes appeared first on CaptainAltcoin.

2022-11-5 15:16


TokenTax Review – Is Token Tax a Good Crypto Tax Calculator?

Today, cryptocurrencies are taxed in almost every country in the world. However, calculating your crypto taxes is one of the more stressful parts of being a crypto trader because it is very time consuming – not to mention difficult! The time it takes to report on your crypto taxes depend on many things, such as […] The post TokenTax Review – Is Token Tax a Good Crypto Tax Calculator? appeared first on CaptainAltcoin.

2022-6-13 10:45


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Korean Finance Chief Nominee Wants Capital Gains Tax On Crypto Delayed To 2025

Korea’s future Finance Chief Choo Kyung-ho mulls introducing a capital gains tax for financial investments and cryptocurrencies in 2025, Korea JoongAng Daily reported Monday. As per the report, both sides of the government had planned in December to introduce a 20% capital gains tax on financial investments and cryptocurrencies beginning in January next year, in […]

2022-5-5 19:49


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Coinbase teams up with Turbo Tax to offer tax refunds in BTC

Leading American crypto exchange Coinbase has inked a deal with Turbo Tax to enable crypto adopters to get tax refunds in Bitcoin (BTC/USD) and over 100 other cryptocurrencies. A report unveiled this news on February 3, noting that this initiative seeks to lighten the load for crypto holders as the Internal Revenue Service (IRS) becomes […] The post Coinbase teams up with Turbo Tax to offer tax refunds in BTC appeared first on Invezz.

2022-2-6 23:23


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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.