2019-9-12 11:26 |
First steps towards cannabis tax remittances via stablecoin in California as local politician buys cannabis using cryptocurrency
Similar to Notcoin - Blum - Airdrops In 2024
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In a recent press release shared on September 11 with Cointelegraph, a Californian city official has become the first politician to make use of crypto in buying cannabis. The announcement had it that Ben Bartlett, who is a member of Berkely City Council used Stablecoin Universal Dollar and Bitcoin Cash to purchase marijuana. It is […]
2019-9-12 19:13 | |
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UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption.
2018-12-12 01:00 | |
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British politician Eddie Hughes has proposed allowing local taxes and bills to be paid with cryptocurrencies.
2018-12-11 16:01 | |
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A Japanese politician has proposed four changes to the taxation system he says will promote adoption of cryptocurrency in the country.
2018-12-10 12:00 | |
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Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups.
2018-12-3 19:32 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.
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.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.
Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.