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Nalezeno "Tax": 1892

Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year

4.9.2020
Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies...

Residents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum

3.9.2020
Zug. The Swiss canton of Zug – the heart of the nation’s burgeoning crypto and blockchain industry – will be allowed to pay tax bills of up to USD 109,670 in bitcoin (BTC) or ethereum (ETH) from February 2021. Per Bloomberg, the canton’s tax authority has sealed a deal with crypto custody firm...

Crypto Kanoon Partners with BearTax to Help Users with Tax Docs

31.8.2020
Indian crypto media house Crypto Kanoon announced on Sunday that it has joined hands with crypto accounting software solutions platform BearTax. It stated in the official tweet that BearTax will help Indian crypto users to generate their tax documents in three steps, after scanning their crypto...

IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners

26.8.2020
The U.S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news.Bitcoin.com....

Crypto Question Placement on New Tax Return 'Signals IRS Action'

24.8.2020
The United States Internal Revenue Service (IRS) has released a new draft for filing the 2020 tax returns, with several significant changes - primarily placing the crypto transaction question on the first page of the return. Form 1040, US Individual Income Tax Return, will ask citizens filing...

IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form

22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro

13.8.2020
Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...

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...

New Kenyan Digital Tax to Affect Crypto Platforms

8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

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