IRS crypto tax

South Korea Confirms No Income Tax on Crypto Profits

According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The...

Ali | 1 year ago
canada crypto industry in danger

Why Canada’s Crypto Industry is Threatened by Tax Rules

Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While...

Ali | 1 year ago
crypto tax IRS

Crypto Tax: De Minimis Exception Could Complicate Things for IRS

A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published...

Ali | 1 year ago
IRS Refunds Crypto Tax Users
Bitcoin Taxes

IRS Refunds Tax-Paying Crypto Users

The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related...

Ali | 1 year ago
russia cryptocurrency tax
Bitcoin Taxes

Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code

Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on...

Anatol Antonovici | 1 year ago
New zealand bitcoin

New Zealand Is A Good Place To Be Paid In Bitcoin

The New Zealand Tax Department has just issued guidance on salary payments made in Bitcoin and other cryptocurrency. This confirms that such payments are entirely within the law, and...

Emilio Janus | 1 year ago

Singapore Sovereign Wealth Fund Invests in Cryptocurrency Exchange – Report

US cryptocurrency exchange Coinbase received the majority of its $300 million 2018 funding round from a fund owned by the Singapore government, anonymous sources have revealed. GIC...

Esther Kim | 2 years ago
australia post
Bitcoin Businesses

Australia Post Delivers ‘Buy Bitcoin’ Service to Its 11.7 Million Customers

One of Australia’s oldest institutions, Australia Post, has announced that customers will now be able to buy bitcoin on participating exchanges within minutes through its Digital iD...

Allen Scott | 2 years ago

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: No ‘Separate’ Treatment For Crypto...

Wilma Woo | 3 years ago
South Korea Claims $28M Tax From Bithumb But Finds No 'Illegal Activity'

South Korea Claims $28M Tax From Bithumb But Finds No ‘Illegal Activity’

South Korea’s National Tax Service (NTS) has requested $30 billion won ($28 million) in taxes from major cryptocurrency exchange Bithumb in a move which has gained positive feedback...

Wilma Woo | 3 years ago

Russia: Cryptocurrency Users Must Calculate Own Tax

Russian citizens will have to compute their own tax obligations from cryptocurrency trading, the head of the country’s tax office said on June 6.  Cryptocurrency Trading Is...

Wilma Woo | 3 years ago
thailand sec crypto rule tweak

Thailand Temporarily Bans ICOs, Waives Cryptocurrency Tax

Following new cryptocurrencies regulations that came into force Monday, Thailand is grappling with how to regulate and tax the burgeoning market as the public weighs in. Regulations on...

Dieter Holger | 3 years ago

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