Business 21 June 2019

Brazil’s regulators want to crack down on crypto tax evasion

A new law has been introduced that would allow the Department of Federal Revenue of Brazil, the country’s tax authority, to collect information from crypto exchanges regarding users and their transactions.

Business 7 June 2019

200 specialists to go after tax evading crypto traders in Japan

Japan is deploying some 200 tax specialists who will investigate undeclared gains from online transactions, including cryptocurrency trading.

Business 5 June 2019

Japan is considering cracking down hard on tax avoiding crypto traders

Japan has had enough of its citizens avoiding crypto taxes, so they are going to start taking names and applying the law.

Business 23 May 2019

Israeli court declares ‘cryptocurrency is an asset’ in landmark tax ruling

The Central District Court backed Israel Tax Authority in holding cryptocurrencies to be an asset, which means profits on crypto sales would be liable to capital gains tax.

Business 22 May 2019

Formulating crypto tax guidelines is priority, IRS tells Congress

Responding to congressional pressure, the IRS admits it needs to do a lot more to tax cryptocurrencies.

Business 1 May 2019

US citizens can now accept tax refunds in crypto

Bitpay have announced a new deal that will allow US citizens to receive their tax refunds in BTC.

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.

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.

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.

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.

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.

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.