Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax Filings for 2019
With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one...
Bitcoin Taxes
Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC for Taxes
In what could be a further critical sign of cryptocurrency adoption in the U.S, businesses in Ohio will shortly be...
France Considers a Flat Capital Gains Tax for Bitcoin
The finance commission in France’s lower house of parliament has reportedly backed plans to decrease taxes on bitcoin sales, putting...
Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes
One college student turned his $5K investment into $880k but now says trading "ruined" his life as he's facing $400k...
Norway: Crypto Miners See Millions in Profits, Tax Office Sends Reminder
Tax authorities in Norway have urged diligence when reporting cryptocurrency profits after news emerged that two miners paid just 74,000...
South Africa Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual...
Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws
Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov:...
IRS Launches International Effort to Investigate Cryptocurrency Tax Crimes
The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from...
