India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.
Arizona Senate Bill 1091 has been passed by the House and Senate - but no longer mentions cryptocurrencies anywhere.
Chelan County's Public Utilities District is enacting new security measures to protect employees from bitcoin miners.
Arizona's crypto tax bill no longer enables the Department of Revenue to collect taxes in cryptocurrency, but rather directs it to conduct a study.
France is about to offer relief to amateur cryptocurrency investors, after a ruling by the country's Council of State.
Arizona's revamped cryptocurrency tax bill was approved by a key committee on Monday.
Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.
Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.
Crypto holders willing to take a risk can file an extension, pay their taxes in installments with penalties and interest, and possibly come out ahead.
The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey…