Putin signs order requiring Russia officials to report digital currency holdings
Public officials in Russia must include digital currencies owned by their spouses and children, and must report by June 30, 2021.
Latest tax News
India wants to tax digital currency earnings: report
The government’s tax agency is reportedly monitoring the industry, seeking to impose as much as 30% tax on digital currency earnings.
South Korea approves digital currency tax delay
The South Korean Strategy and Finance Committee has approved an amendment that delays South Korea's digital currency tax plan until January 2022.
OECD to introduce digital currency tax standards in 2021
The Organization for Economic Cooperation and Development is reportedly eyeing an international digital currency standards by 2021.
Coinbase cancels margin trading, updates tax form
Coinbase has disabled its margin trading service, and is also switching out the tax form they send to their users come tax season.
South Korea to delay digital currency tax law until January 2022
Digital currency holders in South Korea have been granted an extra three months before a new taxation rule is implemented.
IRS wrongfully sending digital currency tax warnings
The IRS has wrongfully began sending digital currency traders CP2000 notices in regarding to their reported earnings from digital currrency trading.
IRS weighing trade-offs as it drafts digital currency tax rules
The Internal Revenue Service has been considering different approaches to digital currency taxation, a federal official has revealed.
New bill raises taxation threshold for Russia digital currency owners
Russian digital currency owners will be required to disclose their holdings if their annual transactions exceed 600,000 rubles.
IRS clarifies who needs to disclose digital currency activity
The U.S. Internal Revenue Service has offered clarification on the rules around declaring digital currency activity in new guidance.
Spain wants to require taxpayers to declare digital currency holdings
A bill is in the works that would require Spanish taxpayers to submit information to the authorities concerning their dealings in digital currencies.
OECD announces plan for new digital currency tax reporting framework
The new framework would help increase transparency in digital currency trading and ensure gains were appropriately reported to the authorities for tax purposes.
