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Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
20.9.2022
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet
Colorado Residents Can Now Use Crypto to Pay Taxes
20.9.2022
Payment takes place through the PayPal Cryptocurrencies Hub and incurs additional fees
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
15.9.2022
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees...
Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments
12.9.2022
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and...
Which countries are the worst for crypto taxation? New study lists top five
8.9.2022
Crypto analytics firm Coincub has released crypto tax rankings, pointing out the worst and the best countries regarding crypto taxation
Koinly Explains How The Ethereum Merge Could Affect Your Crypto Taxes
7.9.2022
The Ethereum Merge is shaping up to be the biggest event in the crypto space in over five years, and that could mean some significant impacts on your crypto portfolio. We know that sometime between September 10th and 20th, the Merge will take place, resulting in the Proof of Stake “Beacon...
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
6.9.2022
The public has been provided with 25 days to share their opinion on the proposed legislation
Can the government track Bitcoin?
4.9.2022
The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes
Crazy outcomes when current laws applied to NFTs and the metaverse
2.9.2022
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud — Seeks $100 Million
2.9.2022
The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspired to help him evade taxes he legally owes.” Both Saylor...
Just Pay Your Taxes
1.9.2022
MicroStrategy’s Michael Saylor allegedly cheated the system. This doesn’t mean his bitcoin will be liquidated
Argentina's Mendoza province now accepting crypto for taxes and fees
30.8.2022
The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
29.8.2022
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza...
Japan considers implementing tax reforms to prevent capital flight of crypto startups
25.8.2022
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector
First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K
25.8.2022
A study by crypto exchange’s KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways
Crypto tax can wait, free coins can't: S. Korea mulls 'gift tax' for airdrops
22.8.2022
South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines
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...