Search

Nalezeno "US Taxes": 944

Argentine Digital Peso Proposal: Eliminate Tax Evasion by Digitizing the Full Fiat Currency Supply

7.11.2022
A proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that...

IRS prepares for an increase in crypto cases in the upcoming tax season

4.11.2022
The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season

India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms

1.11.2022
India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can...

The World’s Weakest Currency, Kiyosaki Says Greenback Is ‘Toast,’ IRS Crypto Tax Update and More — Bitcoin.com News Week in Review

30.10.2022
In this week’s hottest stories from Bitcoin.com News: the Ghanaian cedi’s recent slide to a new low against the USD, Rich Dad Poor Dad author Robert Kiyosaki weighs in on Saudi Arabia’s move to join the BRICS nations, the United States Internal Revenue Service updates tax filing...

IRS Updates Crypto-Related Instructions for 2022 Tax Filing

25.10.2022
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...

Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto

21.10.2022
Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.... Read More: Brazil’s Eighth-largest City OKs Plan to...

Before ETH drops further, set some money aside for surprise taxes

20.10.2022
Ethereum's Merge resulted in a Proof-of-Work airdrop. That means you could be on the hook for tokens you didn't even want

Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments

17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...

Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country

13.10.2022
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament...

Brazil's Rio de Janeiro will accept crypto-payments for property taxes

12.10.2022
The city will allow taxpayers to make crypto payments through third-party service providers

Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023

12.10.2022
The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year. Globo reported that the city hall has published a decree in its Municipal Gazette that states that Rio will “hire companies specialized in carrying out...

Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

11.10.2022
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government...

Portugal Makes U-Turn On Crypto-Friendly Taxes

11.10.2022
Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year.... Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes

OECD releases framework to combat international tax evasion using digital assets

10.10.2022
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13

Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains

10.10.2022
The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end

European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion

7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...