Tax

IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
South Korea postpones 20% digital currency tax to 2023
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5 December, 2021

South Korea postpones 20% digital currency tax to 2023

The country’s National Assembly resolved to push the tax after months of fierce back and forth between the government and...
New US infrastructure bill spells complications for DeFi
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10 November, 2021

New US infrastructure bill spells complications for DeFi

After much deliberation and debate, the $1.2 trillion bipartisan infrastructure bill passed 228-206, making funds available for much-needed upgrades to...
Slovenia finance ministry opens consultation on new digital currency laws
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2 November, 2021

Slovenia finance ministry opens consultation on new digital currency laws

The bill is set to be limited to the use of digital currencies for buying and selling, and the conversion...
Miami-Dade County task force to study viability of digital currency for tax payments
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31 October, 2021

Miami-Dade County task force to study viability of digital currency for tax payments

The Florida county has created a task force that will look into the feasibility of using digital currencies to pay...
China’s tax agency asks gov’t to impose digital currency taxes
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26 October, 2021

China’s tax agency asks gov’t to impose digital currency taxes

The agency published a piece in an official tax newspaper, urging the government to start taxing digital currencies, even though...
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