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Australia to Crack Down on Crypto Tax Avoidance Schemes
7.6.2019
The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report
What to Expect When the IRS Alters Its Bitcoin Tax Policy
7.6.2019
Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for
Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce
6.6.2019
The Australian Tax Office is reportedly investigating 12 international tax avoidance schemes alongside its international partners, with a key focus on crypto-enabled activities
Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance
5.6.2019
Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits
Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment
22.5.2019
An Israeli court has ruled against an investor in declaring bitcoin is an asset and not a currency, and thus subject to capital gains tax
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
IRS Plans to Issue Guidance on Virtual Currency Taxation
21.5.2019
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official...
Internal Revenue Service is All Set to Release Crypto Tax Guidelines
21.5.2019
The Internal Revenue Service recently announced that it would be fixing the new guidelines for tax on crypto. Because the IRS identifies crypto as property and not currency, it is because it is taxable to purchase and sell crypto. Consequently, tax rules which apply for property transactions, such...
Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks
15.5.2019
U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks
Bitcoin Banking, Solving ID Theft, and Why Regulators Should Love Pasties
23.3.2014
John Law wonders if cryptocurrencies could secure your cash, BLTs could protect your ID and bitcoin is wrongly named