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Nalezeno "US Taxes": 944

Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes

3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....

Indonesia to impose 0.1% crypto tax starting in May: Report

1.4.2022
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork

Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News

1.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ ... Read More: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News

Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country

1.4.2022
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes...

Five Reasons Why Koinly Is the Best Crypto Tax Software

1.4.2022
Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world...

30% crypto tax becomes law in India following Finance Bill approval

31.3.2022
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1

Waiting on the executive order: how users and financial professionals may benefit from it

29.3.2022
The fruits of President Biden’s EO will not materialize until months from now, but the need for regulatory change is far-reaching

Crypto donation startup launches IRS form as US tax season loom

29.3.2022
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

29.3.2022
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

29.3.2022
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some...

Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

29.3.2022
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains

Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

28.3.2022
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023

From taxes to electricity, blockchain adoption is growing in Austria

28.3.2022
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech

Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year

28.3.2022
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of...

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...

Is Austin the next US crypto hub? Officials approve blockchain resolutions

27.3.2022
The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation

How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains

27.3.2022
Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces...