South Korean Taxpayers Report Overseas Crypto Assets Worth Nearly $100 Billion
In recent years, crypto assets such as Bitcoin and Ether have witnessed increased adoption in various countries worldwide. In a ...
Tag: Crypto tax
Crypto World On Edge: Biden’s Tax Regulation Draws Sharp Criticism
United States President Joe Biden's proposed cryptocurrency tax regulations are causing concern among many. These regulations would require brokers (individuals ...
Crypto Law Requiring IDs For $10,000 Purchases Will Go Into Effect In 5 Months
The countdown has begun for a significant shift in the world of cryptocurrencies as a new US law gears up ...
Economic Setback: Ukraine Misses Out On $80M In Taxes As Crypto Regulations Lag
Ukraine's governmental data reveals a notable shortfall in the national budget of over $80 million during the past 10 years ...
Kraken Picks Customer Privacy Over IRS As It Fights Tax Compliance Dispute
San Francisco-based cryptocurrency exchange Kraken finds itself in the midst of a legal showdown with the Internal Revenue Service (IRS) ...
IRS Preparing Criminal Cases Vs. Wealthy Crypto Traders In Puerto Rico
The Internal Revenue Service, or IRS, along with United States prosecutors, is currently investigating crypto traders and fund managers who ...
Shaping Crypto Tax Laws: US Senate Panel Seeks More Investor Input
Crypto tax laws have taken a positive turn as United States Senate Financial Services Committee Chair Ron Wyden and ranking ...
Here’s What Isreal’s New Crypto Tax Legislation Means For Foreign Residents
Israel's parliament, the Knesset, has given initial approval to a bill that seeks to extend tax benefits currently available to ...
