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Kazakhstan Won’t Tax Cryptocurrency Mining: Report
4.12.2019
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says
If Bitcoin Price Drops — an Opportunity for Crypto Tax Planning
30.11.2019
Bitcoin price drops – last chance to reduce tax due before the end of the year
US Judge Denies Customer’s Plea to Quash IRS Bitstamp Inquiry
28.11.2019
A Washington Western District Court judge has rejected petitioner William Zietzke’s appeal to stop the U.S. Internal Revenue Service (IRS) from accessing his Bitstamp trade data. An IRS summons invoked Zietzke to file a petition to quash the tax agency’s investigation into his private...
US Judge Refuses to Quash IRS Summons for Bitstamp Exchange Records
27.11.2019
A federal judge denied a bitcoin user's petition to stop the IRS from gathering data about his cryptocurrency holdings from the Bitstamp exchange
4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec
26.11.2019
China and taxes may be behind $6,500 Bitcoin price drop
Missouri Firm Launches New Software For Reporting Crypto Taxes
26.11.2019
Missouri-based software maker CryptoTrader.Tax has launched new software to help tax professionals work with crypto tax reporting
Thailand Introduces Blockchain-Based Tax Refunds for Oil Exporters
25.11.2019
The Thai Excise Department to introduce a blockchain-based tax payback system for oil exporters
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
22.11.2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
John McAfee Speaks About Crypto and Government Taxes in The Block Runner Podcast
20.11.2019
Crypto scientist John McAfee appeared on The Block Runner Podcast, a fairly new crypto-blockchain YouTube channel. In half an hour-long interview, McAfee spoke deep about various topics, right from his early days as the cybersecurity expert, to constitutional legitimacy of income taxes...
Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
20.11.2019
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed
IRS Dispels Crypto Tax Confusion
17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...
IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
14.11.2019
U.S. taxpayers have never been authorized to postpone paying tax using the like-kind exchange principle, an IRS official says
Venezuela to Pay Taxes and Financial Services Through Petro Cryptocurrency
12.11.2019
Amidst the crumbling economy and ever-growing inflation, the Maduro government in Venezuela has been trying to hold control. As part of the economic revival plan, Venezuelan president Maduro launched a state-owned cryptocurrency Petro last year. The currency was meant to strengthen and alleviate...
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
Crypto Tax Guidelines Leave More Questions Than Answers
8.11.2019
Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money
3.11.2019
Her Majesty’s Revenue and Customs has updated cryptocurrency taxation guidelines for businesses and individuals
Cred Merchant Solutions to Help Unbanked Business Sectors
3.11.2019
Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from...
The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision
29.10.2019
The U.K. is starting to lose its position as a fintech leader, and the proposed crypto ban will make it worse. Will the FCA save this from happening?
Crypto and Blockchain News From German-Speaking World: Oct. 20-26
27.10.2019
Cointelegraph auf Deutsch presents a weekly digest of developments from the German-speaking world