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MicroStrategy Founder Michael Saylor Loses Court Bid to Dismiss DC Tax Evasion Claims
2.3.2023
The court did dismiss claims against the company and Saylor that they conspired to violate D.C.’s False Claims Act
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
1.3.2023
“A win for Puerto Rico,” said a blockchain trade association executive
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
1.3.2023
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...
Bitcoin-friendly Cash App integrates TaxBit amid tax-filing season
28.2.2023
Bitcoin evangelist Jack Dorsey’s Cash App is making it easier for BTC holders to calculate their taxes with the TaxBit integration
Today in Crypto: Galaxy and PayPal Invest in Chaos Labs, Tezos Partners with Google Cloud, BitPay and ZenLedger Join Hands, The Sandbox Collaborates with Ubisoft, Opera Releases Alteon LaunchPad
22.2.2023
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: Today in Crypto: Galaxy and PayPal Invest in Chaos Labs, Tezos Partners with Google Cloud, BitPay and ZenLedger Join Hands...
Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, on Crypto Taxation | Ep. 206
21.2.2023
In an exclusive interview with cryptonews.com, Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, talks about the ins and outs of crypto taxation, the different taxable events, and crypto tax best practices. ...
Read More: Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, on Crypto...
South Korean YouTuber Received “Millions of Dollars” Worth of Undeclared Crypto Income
15.2.2023
A South Korean YouTuber received “millions of USD” worth of undeclared crypto income, tax officials have stated – following a recent crackdown on social media-based “tax dodgers.”
KBS reported that the National Tax Service (NTS) has launched an “intensive tax investigation” into 84 people...
Today in Crypto: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with Crypto, MetaMask Warns Users About Phishing Attempts
13.2.2023
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: Today in Crypto: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with...
Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto
13.2.2023
The service will operate in partnership with Bitfy, a startup focused on blockchain solutions
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
13.2.2023
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...
Brazil’s oldest bank allows residents to pay their taxes using crypto
12.2.2023
The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding "access" to the digital asset ecosystem
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
11.2.2023
A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets
The IRS is Taking Action to Uncover Identities of This Crypto Exchange's Customers – Who Will Be Affected?
10.2.2023
According to the Internal Revenue Service (IRS), the American tax authority, Kraken, the giant crypto exchange, failed to provide requested information regarding its US customers who conducted crypto transactions worth $20,000 or more between 2016 and 2020.
The major exchange has allegedly been...
ConsenSys releases statement of support for continuation of the Jarrett tax case
7.2.2023
The court dismissed the Jarretts’ case over the taxation of staking rewards after the IRS issued the refund the couple sought; not good enough, they said
Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs
7.2.2023
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: Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp...
Binance launches Binance Tax in France
7.2.2023
Binance offers a huge relief to crypto traders, especially day traders who deal with thousands of transactions every year. The launch of Binance Tax in France gives customers a tool to calculate their crypto tax liabilities with absolute convenience. The aim is to streamline tax reporting...
Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse
6.2.2023
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: Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto...
Binance Tax launched to prepare crypto users for the tax season
6.2.2023
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season
Tax strategies allow crypto investors to offset losses
4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses
Uzbekistan Collects Over $300,000 From Crypto Sector
4.2.2023
While operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan...