Latest News Of tax Tag

Lawmakers want IRS to issue urgent guidance on crypto taxes

Business 15 April 2019

Lawmakers want IRS to issue urgent guidance on crypto taxes

Twenty-one lawmakers has sent a bipartisan letter to the Internal Revenue Service (IRS) requesting guidance on crypto taxes.

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Ontario town becomes first in Canada to approve crypto for tax

Business 29 March 2019

Ontario town becomes first in Canada to approve crypto for tax

The town of Innisfil in the province of Ontario has become the first municipality in Canada to approve the use of cryptocurrency for taxes.

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Dominic Frisby: The future economy will need cryptocurrency

Interviews 7 February 2019

Dominic Frisby: The future economy will need cryptocurrency

Dominic Frisby has a clear vision of what the future holds, for both cryptourrency and the world at large.

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Coinbase integrates TurboTax, other tax support to its platform

Business 25 January 2019

Coinbase integrates TurboTax, other tax support to its platform

Coinbase is making it easier for U.S. customers to keep the taxman happy and off their backs. The company has announced the creation of several tools for its platforms that will allow its customers to include crypto trades when filing their federal tax returns, as well as, in some cases, state tax returns.

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Romania now taxing crypto gains at 10%

Business 23 January 2019

Romania now taxing crypto gains at 10%

As of January 20, Romanians have to pay a 10% income tax on fiat profits made from selling cryptocurrencies.

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Chilean tax bureau requires crypto profits declared

Business 21 January 2019

Chilean tax bureau requires crypto profits declared

Chile’s tax agency is now implementing income taxes on profits made from selling cryptocurrencies.

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Danish tax agency gets green light to access crypto exchanges’ user data

Business 16 January 2019

Danish tax agency gets green light to access crypto exchanges’ user data

Tax authorities in Denmark will soon have access to user data from cryptocurrency exchanges in the country, in a move designed to aid tax investigations into those trading in cryptocurrencies.

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Bulgaria investigates crypto exchanges to discourage tax fraud

Business 15 January 2019

Bulgaria investigates crypto exchanges to discourage tax fraud

The Bulgarian National Revenue Agency is launching inspections of crypto exchanges to ensure their compliance with the law. Primarily, they will focus on compliance with tax and social security regulations.

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Overstock first to pay taxes in crypto

Business 4 January 2019

Overstock first to pay taxes in crypto

Retail giant Overstock.com, Inc. announced that it will be using cryptocurrency to pay business taxes owed in Ohio.

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UK tax agency rolls out guidelines for crypto tax treatment

Business 20 December 2018

UK tax agency rolls out guidelines for crypto tax treatment

The tax authority of the United Kingdom has published guidelines on the tax treatment of cryptocurrencies, in its most comprehensive advice to crypto investors to date.

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French lawmakers reject bid to lower crypto taxes

Business 19 December 2018

French lawmakers reject bid to lower crypto taxes

Members of France’s National Assembly rejected several proposals to clarify taxation for cryptocurrencies.

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Danish taxman targets 2,700 crypto traders over possible tax evasion

Business 13 December 2018

Danish taxman targets 2,700 crypto traders over possible tax evasion

The Danish tax authority Skattestyrelsen is pursuing as many as 2,700 Bitcoin Core (BTC) traders over taxes in connection with as much as $12.7 million of unreported transactions.

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