Public officials in Russia must include digital currencies owned by their spouses and children, and must report by June 30, 2021.
The government’s tax agency is reportedly monitoring the industry, seeking to impose as much as 30% tax on digital currency earnings.
The South Korean Strategy and Finance Committee has approved an amendment that delays South Korea's digital currency tax plan until January 2022.
The Organization for Economic Cooperation and Development is reportedly eyeing an international digital currency standards by 2021.
Coinbase has disabled its margin trading service, and is also switching out the tax form they send to their users come tax season.
Digital currency holders in South Korea have been granted an extra three months before a new taxation rule is implemented.
The IRS has wrongfully began sending digital currency traders CP2000 notices in regarding to their reported earnings from digital currrency trading.
The Internal Revenue Service has been considering different approaches to digital currency taxation, a federal official has revealed.
Russian digital currency owners will be required to disclose their holdings if their annual transactions exceed 600,000 rubles.
The U.S. Internal Revenue Service has offered clarification on the rules around declaring digital currency activity in new guidance.
A bill is in the works that would require Spanish taxpayers to submit information to the authorities concerning their dealings in digital currencies.