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UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
2.5.2023
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users
Crypto Tax Guidance Could Come 'in 12-ish Months,' Says IRS Official
28.4.2023
The IRS' point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023
Study claims 99.5% of crypto investors did not pay taxes in 2022
7.4.2023
Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study
Crypto Payroll Company Franklin Closes $2.9M Seed Round
4.4.2023
The payroll company is the second skunkworks project developed internally at boutique Web3 marketing firm Serotonin, founded by Ethereum mainstay Amanda Cassatt
Best and worst countries for crypto taxes — plus crypto tax tips
21.3.2023
So you’ve struck it rich in crypto? You’ll want to head to one of these countries to keep your newfound wealth
UK to Add Crypto Declaration in Tax Forms
15.3.2023
Taxpayers will have to record their crypto gains separately as of next year, the U.K. Treasury said
Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30%
10.3.2023
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget includes an $835 billion increase in military spending, but the administration...
CoinTracker integrates with H&R Block to offer crypto tax preparation
9.3.2023
The new integration allows crypto users to automatically fill out the crypto portion of Form 8949, which is used to report capital gains and losses from investments for tax filings
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
9.3.2023
U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
7.3.2023
The Keep Innovation in America Act was first introduced in March 2021
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
1.3.2023
“A win for Puerto Rico,” said a blockchain trade association executive
What is crypto tax-loss harvesting, and how does it work?
2.2.2023
Crypto tax-loss harvesting is a strategy used by investors to offset capital gains in their crypto investments by selling losing positions at a loss
Indian Government Introduces New Crypto Tax Penalties
2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
India Keeps Restrictive Crypto Tax Rules In 2023 Budget
1.2.2023
Indian Finance Minister Nirmala Sitharaman has unveiled the 2023 budget for the nation
Why Tax Deferral for Crypto-to-Crypto Like-Kind Exchanges Would Be Good for Us All
24.1.2023
Crypto Tax Proposed by Lawmakers to Fund EU Budget
24.1.2023
Taxing capital gains, mining or crypto transactions are all being examined to fund the bloc’s $185 billion annual spending
Japan Edges Toward Corporate Crypto Tax Reform
23.1.2023
Japan is inching closer to reforming its strict crypto tax laws for corporations – in a bid to stop an “exodus” of crypto talent and capital from flowing overseas.
Pressure to reform has mounted in recent years, with industry figures and opposition leaders alike all calling for change....
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Leading Crypto Tax and Accounting Provider Ledgible Unveils New Design
16.1.2023
PRESS RELEASE. Ledgible, the leading digital asset tax and accounting solution for institutions, professionals, and investors unveils a newly revamped website and interface. Users can now quickly explore the company’s various digital asset solutions, connect with support, register and so much more...
Romania Carries Out Raids as Part of Crypto Tax Evasion Probe
8.1.2023
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding...