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Nalezeno "Taxes": 813

Nigeria Eyes Crypto Tax Revenue


Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has announced it is working to bring...

Crypto for Advisors: It's Tax Time


The 2024 tax year has come to a close, and tax filing season is now upon us. If you’ve been trading crypto, here are some key things you need to consider

Bitcoin Giant Microstrategy Caught in Biden’s Tax Web


This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose...

How Bitcoin investors can avoid tax fraud


Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant

How Bitcoin investors can avoid tax fraud


Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant

Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution 


Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against...

IRS on the Chopping Block: Rep. Buddy Carter’s Vision for a Fairer America


Rep. Buddy Carter (R-GA) has introduced the Fair Tax Act, a sweeping proposal to dismantle the federal tax code, abolish the IRS, and replace it with a national consumption tax—a move aimed at restoring individual economic freedom and limiting government overreach. Buddy Carter’s Fair...

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion


Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades...

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