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Nalezeno "crypto tax rules": 26

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule


A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts...

New Singapore Crypto Tax Rules Could Help it Compete with Hong Kong


Cableway trip in Sentosa Island, Singapore. A PwC analyst says that new tax regulations could provide cryptocurrency exchanges and initial coin offering (ICO) issuers based in Singapore with a boost as the country chases down Hong Kong. Both Hong Kong and Singapore have been wooing Asian...

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