Browsing the "Tax" Tag

The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years

| Anna Baydakova

For the first time since 2014, the IRS is detailing how it will tax cryptocurrency holdings. Here's what you need to know.

Ohio Treasurer Suspends Predecessor’s Bitcoin Tax Payment Service

| Daniel Palmer

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

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,…

brazil-regulation-market-blockchain

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.