UK Tax Office Change Bitcoin and Crypto Tax laws
Bitcoin Taxes

UK Tax Office Updates Guidance on Bitcoin and Crypto

Nearly a year after publishing updated bitcoin and crypto tax requirements for individuals, the UK tax body has released similar guidelines for businesses. The tax authority also...

Osato Avan-Nomayo | 2 months ago
cryptocurrency trading tax
Press releases

Cryptocurrency Tax Reporting Just Got A Lot Easier with TurboTax

CryptoTrader.Tax partners up with Tax Software giant Intuit TurboTax to bring cryptocurrency tax reporting into the mainstream CryptoTrader.Tax, a cryptocurrency tax software...

Bitcoinist | 4 months ago
IRS to Limit Probe into Coinbase User, US Court Advises
Bitcoin Taxes

U.S. Tax Collector Is After Thousands of Bitcoin Holders

U.S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders who have failed to report cryptocurrency...

Julio Gil-Pulgar | 6 months ago
IRS crypto and bitcoin tax
Bitcoin Taxes

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, bitcoin taxes can be complicated, but research suggests that 61% of...

Emilio Janus | 12 months ago
cryptocurrency taxes bitcoin tax
Interviews

Expect ‘Large increase’ in Cryptocurrency Taxes Filed for...

Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about cryptocurrency tax obligations for users and how the...

Allen Scott | 1 year ago
Bitcoin cryptocurrency tax uk
Bitcoin Taxes

UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals

Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax...

Emilio Janus | 1 year ago
Bitcoin tax IRS
Bitcoin Taxes

Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax...

With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in...

Osato Avan-Nomayo | 1 year ago
Bitcoin taxes cryptocurrency
Bitcoin Taxes

Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in...

One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes.  From Big Profits to a...

Kevin O’Brien | 1 year ago
South African Releases Draft Cryptocurrency Tax Law
News

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 currency taxation in the country. Details...

Osato Avan-Nomayo | 1 year ago
IRS crypto and bitcoin tax
Bitcoin Taxes

IRS Launches International Effort to Investigate Cryptocurrency Tax...

The United States Internal Revenue Service (IRS) is taking cryptocurrency tax compliance to the international stage, joining tax authorities from four other nations to form a coalition...

Osato Avan-Nomayo | 2 years ago
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 | 2 years ago
bitcoin canada survey
News

Canada: ‘No Tax Changes’ For Bitcoin As Govt. Unveils...

Canada has unveiled a government Blockchain identity prototype while declining to change Bitcoin tax rules at the World Economic Forum (WEF) 2018. ‘We Don’t Plan Any...

Wilma Woo | 2 years ago