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How Society Thrived Before Mass Taxation, and How It Still Can
12.11.2019
Many people in the U.S. and elsewhere think of the income tax as some kind of timeless staple of society. The truth is, it was only first instituted in the United States as a permanent fixture in 1913. It stands to ask then, how all the progress that was made prior and the bustling growth...
Her Majesty the Queen Rules Out Crypto as Currency
9.11.2019
HMRC is publishing a new policy paper for individual and business crypto taxes
New crypto taxation guidelines for the UK
5.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 November, 2019 Help others “As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.” – Audrey Hepburn Welcome back, CoinMarketCap army! Let's […]
The post New crypto...
New crypto taxation guidelines for the UK
5.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 November, 2019 Help others “As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.” – Audrey Hepburn Welcome back, CoinMarketCap army! Let's […]
The post New crypto...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
New IRS Tax Guidance Targets Crypto, and US Persons Who Use It
31.10.2019
The US IRS is tying up crypto users, making new steps toward crypto taxation that could potentially affect a lot of people
New IRS Guidance: How to Report Crypto Assets Accurately
31.10.2019
Here is everything you need to know about the IRS new guidance
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
McAfee to Launch Decentralized Token Exchange With No Restrictions
6.10.2019
On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also...
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
26.9.2019
The US Internal Revenue Service (IRS) might be tracking your crypto addresses
Portugal Could Be a Tax Haven — Not Only for Crypto Traders
21.9.2019
Have you considered relocating to Portugal to enjoy tax-free crypto-trading? You may get more tax benefits than you thought
Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
18.9.2019
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...
Keene New Hampshire Is Not Only a Libertarian Enclave – It’s Also a Crypto Mecca
6.9.2019
Over the last few months, there’s been a lot of attention directed toward destinations like Slovenia, North Queensland, Japan, and Venezuela which capture the largest number of bitcoin cash merchants worldwide. Another region that’s seen a massive influx of BCH adoption is Keene,...
Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
3.9.2019
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature...
Kyrgyzstan Proposes a Law to Tax Cryptocurrency Mining After Banning The Same In 2014
1.9.2019
According to reports from the regional news outlet Kabar, the Ministry of Economy of the Kyrgyz Republic has submitted a draft law “On Amending the Tax Code”. The law will introduce taxes on cryptocurrency mining activities. Back in July 2014, the central law authority of the country had explicitly...
Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation
31.8.2019
After banning cryptocurrencies in 2014, Kyrgyzstan has now submitted a draft law that will allow taxation on cryptocurrency mining
Portugal Tax Authority Removes Taxation on Crypto Trading and Payments
30.8.2019
In recent news, cryptocurrency trading and payments in Portugal those cryptocurrencies from tax, the European nation’s authority has explained. The local business newspaper has revealed the news recently, saying that the body has said that both cryptocurrency trading in genuine currencies...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...