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Tax

South Korea to delay digital currency tax law until January 2022
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26 November, 2020

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
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24 November, 2020

IRS wrongfully sending digital currency tax warnings

The IRS has wrongfully sent digital currency traders notices that claim the traders under-reported their earnings from digital currency trading.

IRS weighing trade-offs as it drafts digital currency tax rules
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24 November, 2020

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
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17 November, 2020

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
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29 October, 2020

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
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15 October, 2020

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...
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