Bitcoin Taxes

IRS Ramping Up Investigations Into Unreported Cryptocurrency Gains

The Internal Revenue Service (IRS) is stepping up its investigations into cryptocurrency-related tax fraud and unreported taxable gains. Clearer laws and guidelines are expected in the...

Kyle Baird | Jun 28, 2018 | 20:00
South Korea
Bitcoin Taxes

South Korea: Reports of 10% Tax on Cryptocurrency Gains Are Fake

South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments.  10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the...

Bitcoinist | Jun 23, 2018 | 19:00
Bitcoin Taxes

Got Bitcoin Mate? Because Australia Wants a Piece of Your Profits

After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on...

Georgi Georgiev | Jun 19, 2018 | 06:00
South Korea Claims $28M Tax From Bithumb But Finds No 'Illegal Activity'
Bitcoin Taxes

South Korea Claims $28M Tax From Bithumb But Finds No ‘Illegal...

South Korea’s National Tax Service (NTS) has requested $30 billion won ($28 million) in taxes from major cryptocurrency exchange Bithumb in a move which has gained positive feedback...

Wilma Woo | Jun 08, 2018 | 20:00
Bitcoin Taxes

Russia: Cryptocurrency Users Must Calculate Own Tax

Russian citizens will have to compute their own tax obligations from cryptocurrency trading, the head of the country’s tax office said on June 6.  Cryptocurrency Trading Is...

Wilma Woo | Jun 07, 2018 | 17:00
Bitcoin Taxes

Users Call Revolt As Bitfinex Demands Tax Information

Cryptocurrency users are reacting after exchange Bitfinex has told traders they must confirm their tax status in order to use its services. Bitfinex: We Need Tax Info By May 24 In a...

Wilma Woo | May 17, 2018 | 16:00
Bitcoin Taxes

Florida County Becomes First US Locality to Accept Bitcoin for Taxes

Seminole County, Florida, has officially become the very first county in the US to accept Bitcoin to pay their taxes. Resolving an Expensive Issue In an official announcement dated May...

Georgi Georgiev | May 15, 2018 | 08:30
Bitcoin Taxes

France Slashes Cryptocurrency Taxes in Half

France is to tax gains from cryptocurrency sales as capital gains of “movable property.” The country has moved to reduce the rates from up to 45% to a flat 19%. A Bit of History...

Georgi Georgiev | Apr 29, 2018 | 02:00
IRS taxes tax
Bitcoin Taxes

Tax Attorney: Blockchain Immutability ‘Does Make The IRS...

Bitcoinist spoke with Alexander Stern, legal attorney and founder of Attorney IO, to unpack the complexities related to Bitcoin and cryptocurrencies taxes, potential loopholes for...

Allen Scott | Apr 20, 2018 | 16:30
Could Bitcoin Be Prepping for Run as U.S. Tax Day Passes?
Bitcoin Taxes

Could Bitcoin Be Prepping for Run as U.S. Tax Day Passes?

As the end of U.S. tax season approaches, Bitcoin bulls believe that the digital currency will finally begin its next run to prices over $20,000. But is it really going to run? The...

Nick Chong | Apr 17, 2018 | 20:00
Bitcoin Taxes

Crypto Investors Could Inadvertently Commit ‘Potential Felony,’...

As tax day rapidly approaches, there’s no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through foreign exchanges...

Georgi Georgiev | Apr 10, 2018 | 06:00
tom lee Bitcoin price
Bitcoin Taxes

$25 Billion Owed in Crypto Taxes Causing ‘Massive’ Selling, Wall...

‘Massive’ selling of cryptocurrencies into fiat by mid-April to be expected, as U.S. crypto holders ‘likely’ owe $25 billion in capital gain taxes according to Tom Lee, head of...

Georgi Georgiev | Apr 06, 2018 | 15:00

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