South Korea considering an income tax for crypto gains
The government might impose a 20% tax on personal revenue from crypto holdings
Latest tax News
US lawmakers make another try at certain crypto tax exemptions
A bipartisan bill is attempting to allow some crypto gains free from tax obligations.
Bithumb takes $69M crypto tax bill to South Korea court
Bithumb has filed a complaint with a court in South Korea, as it seeks to nullify a $69 million bill from the country’s tax agency.
New Hampshire crypto tax payments bill is dead
House Bill 470, filed in 2019 to allow tax payments through crypto, is officially retired.
Ukraine draft bill proposes a 5% tax on cryptos
A draft bill in Ukraine has proposed a 5% tax on crypto earnings for the first five years, with no VAT
IRS lawyer clarified tax deferments for digital currencies
If tax payers thought they could defer on activity before 2018, the IRS says different.
Singapore GST reform targets cryptocurrencies, imported services
Cryptocurrencies will not be considered legal tender under the amendment, but they will be accepted as a medium of exchange for some transaction types.
Cryptocurrency tax: What you should know
While every other sector of the crypto industry has become better with time, taxation continues to be unnecessarily difficult thanks to regulatory ambiguity and outdated technology.
Do you own crypto? The IRS wants to know
The U.S. Internal Revenue Service (IRS), the agency responsible for collecting federal taxes in the country, is tackling cryptocurrency.
IRS: Hard forks not taxable if no new crypto is received
There’s no doubt that the cryptocurrency ecosystem carries with it a lot of implications tied to legal issues, financial issues and even tax issues.
Bitcoin, tax, and privacy
The lack of understanding in the technology builds resistance that is baseless and somewhat encourages fear of the unknown.
Kyrgyzstan ministry proposes taxing crypto mining
After once banning cryptocurrency, Kyrgyzstan has change its stance drastically once they discovered that taxing it would be more profitable.