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IRS Updates Cryptocurrency Tax Guidance, Forked Coins Now Liable

New revisions to the US tax code now makes coins received from chain splits, such as the Bitcoin Cash and Bitcoin SV forks, a...

Ohio Halts Bitcoin Business Tax Payments

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published...
IRS Tax Crypto

The Dreaded IRS Letter Hit Your Doorstep? Here’s What to Do

The IRS has already begun sending out letters targeting cryptocurrency investors and traders who they believe have failed to report or who have misreported...

Scrutiny Tightened On Crypto; Bill Would End Double Tax

The European Central Bank (ECB) said in a report that fixing cryptocurrency asset data gaps still presents a sizable challenge for financial institutions as...

Russia, Belarus ‘Opening Up’ to Bitcoin as US Launches Tax Crackdown on Cryptocurrencies –...

Business(updated 20:18 22.07.2019) Get short URLThe rise of cryptocurrency has sparked intense debate on its role in central banking systems, as well as economic...
IRS Tax Crypto

IRS Plans Deep Research In Search of Cryptocurrency Tax Evaders, Contributes to Increasing Regulatory...

Last week, it was uncovered that the IRS (United States’ Internal Revenue Service) is briefing its special agents in the IRS Criminal Investigation...
Bitcoin tax: the U.S. & Singapore go to extremes

Bitcoin tax: the U.S. & Singapore go to extremes

Last week, Singapore proposed to exempt Bitcoin and cryptocurrency transactions from value-added tax (VAT.) In America, meanwhile, it seems things are about to get...
Block.one to use “inflation tax” on Voice tokens to recoup $150 million investment

Block.one to use “inflation tax” on Voice tokens to recoup $150 million investment

Block.one is getting crafty. When it announced the launch of its Facebook alternative, a social-media platform called Voice, it said it will create a...
are bitcoin gains taxable

Are Bitcoin gains taxable? Decoding the ambiguity!

The Ambiguity Behind Tax Regulations for Bitcoin Are Bitcoin gains taxable? Unlike FIAT, Bitcoin is not printed on paper and generated through computational processes such...

5 Cryptocurrency Tax Questions To Ask On April 15th

Authored by David Kemmerer via CoinTelegraph.com, Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below...

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