Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS
The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, ...
Tag: Bitcoin tax
Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO
Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about ...
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 ...
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 ...
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 ...
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 ...
Using Bitcoin to Buy Things Could Trigger IRS Tax Bill
Using Bitcoin to buy everyday things, such as a burger, could trigger a tax bill from the IRS due to ...
IRS: Only 800 People Reported Bitcoin Earnings Per Year
Taxing times continue at Coinbase as the Internal Revenue Service (IRS) reveals only 800 people report Bitcoin gains on returns annually. IRS: ...
