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Tax

Indian traders could face additional 2% tax for trading in overseas exchanges
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24 June, 2021

Indian traders could face additional 2% tax for trading in overseas exchanges

The Indian government charges a 2% tax, known as the equalization levy, to online entities servicing Indians but which are...
Closing the tax gap through digital asset issuers
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14 June, 2021

Closing the tax gap through digital asset issuers

In his latest piece, Johnny Jaswal offers strategies on closing the tax gap via digital assets—with a focus on digital...
The CoinGeek Pulse Episode 47: Tax on digital currency profits, Southeast Asia updates, and the 7th CoinGeek Conference in Zurich
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4 June, 2021

The CoinGeek Pulse Episode 47: Tax on digital currency profits, Southeast Asia updates, and the 7th CoinGeek Conference in Zurich

There’s no stopping government bodies from going after digital currency traders and their earnings.
Australia tax agency warns digital currency owners against tax evasion
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2 June, 2021

Australia tax agency warns digital currency owners against tax evasion

This year, the agency will be sending letters to around 100,000 taxpayers with digital currency holdings, urging them to review...
IRS right to tax mined digital currency as income under consideration in federal court
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1 June, 2021

IRS right to tax mined digital currency as income under consideration in federal court

The court heard arguments from a Tennessee couple who were charged tax on the creation of 8,876 units of Tezos...
US proposals could require reporting digital currency transactions over $10K to IRS
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24 May, 2021

US proposals could require reporting digital currency transactions over $10K to IRS

New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions...
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