Browsing the "Tax" Tag

New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto

| Daniel Palmer

New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.

North Carolina Congressman Reintroduces Crypto Tax Bill

| William Foxley

Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code

British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders

| Ian Allison

The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes,…

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Brazilian Tax Authorities Impose New Requirements on Crypto Trading

| Daniel Kuhn

Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.

Australia to Crack Down on Crypto Tax Avoidance Schemes

| Benedict Alibasa

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

What to Expect When the IRS Alters Its Bitcoin Tax Policy

| Anna Baydakova

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

| Daniel Palmer

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment

| Yogita Khatri

An Israeli court has ruled against an investor in declaring bitcoin is an asset and not a currency, and thus subject to capital gains tax.

Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks

| Annaliese Milano

U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.

US Income Tax Payers Can Now Get Refunds in Bitcoin

| Yogita Khatri

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo.