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Tax

OECD announces plan for new digital currency tax reporting framework
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14 October, 2020

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...
New Zealand taxman wants info on digital currency owners
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1 October, 2020

New Zealand taxman wants info on digital currency owners

Firms are requested to turn over their customers’ personal details and the type and value of their digital currency holdings...
Israel bill wants to remove capital gains for digital currency owners
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28 September, 2020

Israel bill wants to remove capital gains for digital currency owners

Under the existing Israeli laws, digital currencies are considered assets and therefore, their sale or conversion attracts a 25% capital...
‘Crypto Valley’ Zug to start accepting digital currency for tax payments
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4 September, 2020

‘Crypto Valley’ Zug to start accepting digital currency for tax payments

Payments made in digital currency will have a CHF100,00 ceiling, and both companies and private individuals are allowed to pay...
IRS sends new batch of ‘crypto letters’ to taxpayers
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28 August, 2020

IRS sends new batch of ‘crypto letters’ to taxpayers

There are three types of letters, each indicative of the degree to which the IRS thinks individuals are underreporting digital...
Over 1,000 customer data missing in CryptoTrader.Tax breach
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28 August, 2020

Over 1,000 customer data missing in CryptoTrader.Tax breach

The digital currency tax reporting service suffered a breach, resulting in 13,000 rows of data and 1,082 customer email addresses...
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