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tax

Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards
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7 August, 2020

Lawmakers urge ‘proactive policy’ for taxing digital currency staking rewards

In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax...
South Korea police want to know: Who leaked digital currency tax bill?
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28 July, 2020

South Korea police want to know: Who leaked digital currency tax bill?

Authorities are looking into the source of a leak that exposed South Korea government’s digital currency taxation plan.
Digital currency to be ‘taxable property’ in Russia
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25 July, 2020

Digital currency to be ‘taxable property’ in Russia

The latest amendments mean it will no longer be an offence punishable by prison to facilitate digital currency trades in...
South Korea proposal for 20% digital currency gains tax gains traction
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25 July, 2020

South Korea proposal for 20% digital currency gains tax gains traction

The proposal will be voted on September 3, 2020, and is expected to take effect on October 1, 2021—if passed.
Coinbase former customer sues IRS for records seizure
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17 July, 2020

Coinbase former customer sues IRS for records seizure

Researcher Jim Harper received a letter stating the IRS “had reason to believe” he had not paid full tax on...
Switzerland won’t amend tax laws for blockchain
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1 July, 2020

Switzerland won’t amend tax laws for blockchain

Blockchain and digital currencies are “fully compatible” with existing legal frameworks, according to the Swiss Department of Finance.
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