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Tax

Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets
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20 May, 2021

Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets

The Safe Harbor for Taxpayers with Forked Assets Act seeks to protect taxpayers that own forked assets from any penalties...
IRS: We will seize digital assets for taxes owed
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19 May, 2021

IRS: We will seize digital assets for taxes owed

The IRS says it is improving its ability to track users' digital asset holdings and even seize those assets if...
How Abendum’s triple entry accounting is disrupting the auditing industry
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17 May, 2021

How Abendum’s triple entry accounting is disrupting the auditing industry

Abendum has created a solution that increases efficiency across the board in the accounting industry, especially in the auditing process.
Hungary considers digital currency investor tax cut for COVID stimulus
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15 May, 2021

Hungary considers digital currency investor tax cut for COVID stimulus

Authorities in Hungary are weighing proposals which would slash the applicable rate of tax on digital currency gains down from...
Turkey begins digital currency transactions over $1200
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14 May, 2021

Turkey begins digital currency transactions over $1200

The measures were announced by the Minister of Treasury and Finance Lütfi Elvan, putting the Financial Crimes Investigation Board, or...
Block reward miners in South Korea getting tax break under new scheme
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9 May, 2021

Block reward miners in South Korea getting tax break under new scheme

Companies involved in block reward mining may enjoy a significant tax break when South Korea’s new digital currency tax regime...
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