Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO
Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about ...
Tag: cryptocurrency tax
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 ...
Crypto Accounting Firm Predicts Massive Loss Claims in IRS Tax Filings for 2019
With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one ...
Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes
One college student turned his $5K investment into $880k but now says trading "ruined" his life as he's facing $400k ...
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 ...
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 ...
Canada: ‘No Tax Changes’ For Bitcoin As Govt. Unveils Blockchain ID Scheme
Canada has unveiled a government Blockchain identity prototype while declining to change Bitcoin tax rules at the World Economic Forum ...
