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Tax

IRS expands digital assets tax category to include NFTs
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31 October, 2022

IRS expands digital assets tax category to include NFTs

The IRS has amended “virtual currency” to “digital assets” in the 2022 tax year draft instructions, expanding the category to...
Australia’s stance on BTC may have dire tax implications for investors: report
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29 October, 2022

Australia’s stance on BTC may have dire tax implications for investors: report

Digital currency investors in Australia will be mandated to pay capital gain tax from their asset sales after the government...
Apple wants a piece of the NFT pie
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27 October, 2022

Apple wants a piece of the NFT pie

Apple laid out good use cases for NFTs and confirmed that its 30% "Apple Tax" will apply to in-app purchases,...
Portugal makes provision for digital asset tax in new budget draft
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12 October, 2022

Portugal makes provision for digital asset tax in new budget draft

The proposed tax plans have left a bad taste in the mouth of digital currency enthusiasts as the country had...
South Korea tax agency seizes nearly $200M in digital assets from tax offenders
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27 September, 2022

South Korea tax agency seizes nearly $200M in digital assets from tax offenders

South Korea stresses the need to uphold fair taxation principles as it busted digital asset investors who failed to settle...
Colorado now accepts digital asset payments for taxes
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23 September, 2022

Colorado now accepts digital asset payments for taxes

Gov. Jared Polis made good on his promise earlier this year, announcing on September 19 that Colorado residents can now...
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