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Nalezeno "Crypto Taxes": 113

South Korean Government to Start Taxing Crypto Trading Profits in 2022

8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...

Crypto taxes, reporting and tax audits in 2021

28.12.2020
Just remember, the IRS is quite interested in crypto and is taking steps to unearth those who do not report

Bitcoin & Crypto Taxes In US: When to Sell and When to Hodl

24.12.2020
With 2021 in sight, bitcoin (BTC) and other crypto investors in the US are facing a fork in the road. They can cash in on the gains that 2020 has delivered and take profits off the table or continue to hodl until the new year or longer. Whichever way they decide to go will determine when and...

Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M

25.11.2020
Cash App will make the DIY tax-prep software available for free to its 30 million monthly users

US Is Debating Risk vs. Liability for New Crypto Tax Rules

19.11.2020
Treasury department officials are wrangling with how to focus a coming set of crypto tax rules

Winklevoss’ Gemini exchange to count crypto taxes in real time

29.10.2020
TaxBit’s tool will allow Gemini customers to increase their tax refund

S Korean Industry Group Asks Seoul to Suspend Crypto Taxes until 2023

15.10.2020
Source: Adobe/Андрей Яланский The Korea Blockchain Association (KBA) has urged the South Korean government to postpone plans to start imposing tax on crypto trading profits from October 2021 – stating that it seems unlikely that the required infrastructure will be in place in time. Per ZDNet Korea...

OECD Preparing Crypto Tax Reporting Framework for World’s Largest Economies

12.10.2020
The tax framework may address questions surrounding wallet providers and income not derived from crypto sales

New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients’ Personal Data

29.9.2020
The Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country hand over their customers’ personal details, cryptocurrency asset values as well as the type of asset held. According to a September 28 report by Radio New Zealand, the tax agency says...

Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin

24.9.2020
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes

South Africa Might Impose Tighter Crypto Taxes Rules - Auditor

31.8.2020
The South African Revenue Service (SARS) could bring in stricter taxes for the country’s cryptoasset holders in the near future, potentially hampering the development of an industry that has emerged as Africa’s biggest, analysts claim. Wiehann Olivier, a partner in the auditing division...

IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again

26.8.2020
Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters."

Hacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting Service

24.8.2020
A hacker made off with user data and financial information on more than 1,000 account holders with CryptoTrader.Tax, a crypto tax filing website

Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus

12.8.2020
Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first...