Search

Nalezeno "taxes": 979

Biden is hiring 87,000 new IRS agents — and they're coming for you

19.8.2022
The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level

Colombia to prevent tax evasion with national digital currency: Report

17.8.2022
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said

IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers

17.8.2022
The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid

Buenos Aires to Run Ethereum Nodes by 2023

15.8.2022
The city of Buenos Aires will deploy a number of Ethereum validator nodes in 2023. The statements were made by Diego Fernandez, secretary of Innovation and Digital Transformation of the city, who clarified this deployment will pursue exploratory and regulatory purposes and will help the city...

Belarus Issues International Arrest Warrant for Owner of Country’s ‘Largest Crypto Exchanger’

11.8.2022
Law enforcement officials in Minsk are seeking international assistance to locate and detain the man who ran what is said to be the biggest online exchanger for cryptocurrencies in Belarus. The crypto trader has been accused of tax evasion and an investigation against three of his accomplices...

IRS Expands Crypto Question on Tax Form

5.8.2022
The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return. New Crypto Tax Question The Internal Revenue Service (IRS) published a draft of Form 1040 for the 2022 tax year last week. Form 1040...

Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

4.8.2022
“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project

Portuguese banks shutting crypto accounts citing risk management concerns

4.8.2022
The Bank of Portugal has licensed all of the exchanges that have had their accounts closed, including Criptoloja, Mind The Coin and Luso Digital Assets

Japan may see a reduced 20% tax on crypto earnings with new proposal

4.8.2022
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

3.8.2022
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

30.7.2022
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will...

Japan’s crypto groups call for end of taxing paper gains

28.7.2022
Danny Talwar from crypto tax platform Koinly said Japan's regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan

US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes

27.7.2022
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness...

Latvian Artist Threatened With Prison for Money Laundering Through NFTs

26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...

Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50

26.7.2022
After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency

Finder’s $675 ETH Prediction, India Calls on G20 Re: Crypto Taxes, Peterffy Concerned BTC Could ‘Become Worthless or Outlawed’ — Bitcoin.com News Week in Review

24.7.2022
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a new Finder survey knocks down previous forecasts for ethereum’s price a notch, with crypto experts predicting lower long-term prices for the asset. Also, India calls on G20 nations to bring...

Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI — Liquidators Accused of Failing Their Duty

24.7.2022
In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that it wants the tax bill settled before the...