Russian Ministry of Labor: No Tax on Bitcoin for Government Officials
Russian civil servants will not need to declare cryptocurrency gains in this year’s income tax report, the government has suggested....
Bitcoin Taxes
Australia Creates Tax Taskforce to Monitor Crypto Traders
The government of Australia is eyeing crypto traders as it establishes a taskforce to ensure tax compliance. If there's one...
Official Complaints Say Korea Trading Restrictions Are ‘Unconstitutional’
South Korea cryptocurrency exchanges have submitted a legal challenge to the government claiming its new restrictions are “unconstitutional.” Law Firm:...
Cryptocurrency Investors Lose Major Tax Break Under New U.S. Tax Code
The new U.S. tax code amends IRC Section 1031 (a)(1) regarding “like kind exchanges,” excluding all cryptocurrencies from a previous legal...
South African Revenue Service Has Their Eye on Your Bitcoins
The South African Revenue Service (SARS) is showing a keen interest in monitoring crypto trading in the country through blockchain-based...
South Korea Mulls Crypto Tax
With reports claiming that Asian traders are responsible for the bulk of the upward price action in Bitcoin and altcoins,...
Trump Administration Considering Regulating Bitcoin
As Bitcoin and other cryptocurrencies continue to rise in both value and popularity, national governments are starting to scrutinize them...
Libra Just Made It Easier For Exchanges To Remain Tax Compliant
As Bitcoin breaches fresh all-time highs, compliance with the tax authorities becomes a confusing, yet key, priority for anyone booking profits. The...
