The IRS has called on qualified firms to come onboard and assist it to calculate whether U.S digital currency traders are paying their taxes on their holdings.
The Spanish tax authority is stepping up its digital currency taxation efforts, with a report indicating it’ll quadruple its notices to digital currency owners.
Tax experts in South Korea have proposed a gradual tax imposition for crypto, starting with a low level tax trading before the transfer income tax application.
As the activity over the past month shows, there have been ups and downs, but everything is pointing to a better, more fine-tuned industry.
Although it isn’t tax season, scammers are using the authority of the IRS to try and trick unsuspecting victims.
The actions by the IRS pirates against the 13,000 customers of Coinbase amounts to no less than an attempt to make them walk the proverbial plank.
The San Francisco-based digital currency exchange sent out 1099-K tax forms to clients in the U.S. who have made “plenty of transactions” in 2017.