IRS removes tax reporting doubts for in-game tokens
The Internal Revenue Service has rolled back on language that could have required gamers to report their virtual cash dealings from a number of popular video games.
Latest cryptocurrency tax News
Suspected crypto tax evaders draw ire of Danish taxman
The Skattestyrelsen have written to cryptocurrency users suspected of being involved in tax evasion, requesting they submit full disclosures on their trading activities.
South Korea to tax capital gains on crypto transactions
The South Korean government intends to impose capital gains on crypto transactions by the first half of 2020, collecting data from crypto exchanges.
Brazil taxman to fine crypto tax evaders
The Department of Federal Revenue has published a new tax code specifying the fines to be imposed on those not reporting their cryptocurrency-related transactions.
Ohio suspends crypto taxes payment portal
Ohio has suspended the portal, with the Treasurer believes that it should have been authorized by the state’s Board of Deposit before starting operations.
Crypto tax in France will not cover crypto-to-crypto transactions
Crypto-to-crypto transactions will not be liable to tax in France, according to the country’s Finance Minister.