Search Results for "tax"
Argentina Enacts New Tax Policy for Crypto Transactions
The Argentinian government has had a change of mind for making the country a tax haven for digital currencies as all individual transactions involving the nascent asset class will now be subjected to taxation.
Portsmouth City Now Opens to Pay Taxes in Crypto
England’s Portsmouth has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal app.
White House Expects to Raise over $10b in Revenue under New Crypto Tax Rules
The White House would bring in significantly more revenue over the next decade if the Biden Administration’s budget plan approved to ramp up the national budget.
Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
Argentina's Mendoza Province Begins Accepting Tax Payments in Crypto
Argentina’s province of Mendoza announced last week on Friday that it has enabled a system that allows residents to pay taxes using cryptocurrencies.
Indonesia Officially Imposes 0.1% Tax and VAT on Crypto Income and Purchases
According to CNN Indonesia, Hestu Yoga Saksama, director of tax regulations at the Ministry of Finance, has confirmed that the government has decided to impose a 0.1% tax charge
California Court Orders Kraken Exchange to Reveal Identities of Users who Have Transacted in Crypto
IRS has secured authorization from a federal court to issue a John Doe warrant to Kraken to reveal the identity of users transacting in crypto.
South Korea Postpones Proposed 20% Crypto Tax until 2025
South Korean lawmakers have once again postponed the implementation of the crypto tax law until 2025.
IRS is Developing 'Hundreds' of Crypto Cases Amid Upcoming Tax Season
The United States IRS is building crypto cases and is looking toward hiring new hands to help handle its operations
South Korea Proposes 20% Capital Gains Tax on Cryptocurrency Commodities
South Korea’s parliament has put forward a bill that could see crypto profits taxed by up to 20% as members argue that cryptocurrencies are commodities.
US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown
The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.
New Zealand's Tax Authority Demands Info on Crypto Investors
New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.