Tag:Tax

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...

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 – Founder

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

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

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 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? 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...

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How Enterprises Could Capitalize On The Rise Of NFTs

In times past, creatives and other professionals had problems monetizing their work. They had to be part of a...
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Why Blockchain is the Foundation of the Healthcare Industry

The fast-paced development of technology is empowering mankind to an enormous extent. Undoubtedly, the onset of the 21st century...

New York Senate Passes Bill to Stop Bitcoin Mining In The City

The New York senate has just passed a bill that restricts Bitcoin mining. It also restricts granting Bitcoin mining...

Must read

How Enterprises Could Capitalize On The Rise Of NFTs

In times past, creatives and other professionals had problems...

Why Blockchain is the Foundation of the Healthcare Industry

The fast-paced development of technology is empowering mankind to...