cryptocurrency taxes

CoinDesk - Unknown
India Crypto Tax Guide 2022
Indian crypto investors will have to start paying tax now that the government has made the rules clear through the Indian Finance Bill 2022. This piece is part of CoinDesk's Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
‘We Have Entered a Period of Pain,’ Says WazirX CEO of India’s New Tax Laws
Nischal Shetty, one of the most prominent figures in India’s crypto industry, talks candidly and at length about what’s at stake with the country’s new tax provisions.
CoinDesk - Unknown

CoinDesk - Unknown
UK Tax Regulator Updates Guidance on Staking and DeFi Lending
How proceeds from lending or staking are taxed depends on the nature of the returns, which could be hard to determine, UK's tax agency says.
CoinDesk - Unknown

CoinDesk - Unknown
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”
CoinDesk - Unknown

CoinDesk - Unknown
IRS Tweaks Crypto Question Language on 2021 1040 Draft Form
The revised question asking taxpayers about crypto assets is much simpler and clearer.
CoinDesk - Unknown

CoinDesk - Unknown
UK Tax Authority Updates Treatment of Crypto Assets to Incorporate Staking
This marks the first time that HMRC has released guidance specifically describing how staking is treated for taxation purposes. It has been assumed previously that staking comes under the umbrella of mining, thus the same guidance has applied.
CoinDesk - Unknown

CoinDesk - Unknown
Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.
CoinDesk - Unknown

CoinDesk - Unknown
IRS Violated 'Taxpayer Bill of Rights' With 2019 Crypto Letters: Watchdog
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights.
CoinDesk - Unknown

CoinDesk - Unknown
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.
CoinDesk - Unknown

CoinDesk - Unknown
Even the IRS Admits Some Crypto Tax Regulations Are 'Not Ideal'
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class.
CoinDesk - Unknown