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 ...
Tag: Bitcoin tax
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: ...
Coinbase vs IRS: CEO Says Broker Tax Forms ‘Potential Solution’
Coinbase CEO Brian Armstrong has suggested US cryptocurrency businesses adopt broker-style bureaucracy to achieve a better relationship with the taxman. ...
IRS Sees Bitcoin Transfers as ‘Taxable’ Events [UPDATE]
Editor’s note and technical retraction: The original version of this article published December 2 inaccurately represented comments made by Daniel Winters. We ...
Bitcoin Taxes 2016: Accurately Reporting Bitcoin Usage
Editor's note: The original introduction to this article has been replaced with one written by tax accountant Daniel Winters, which ...
