US Lawmakers 'Strongly Urge' IRS to Update Crypto Tax Guidance
U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
Digital Assets Don't Change Reporting Needs, SEC's Top Accountant Says
The arrival of cryptos doesn't alter the need to maintain proper accounting records, the SEC's Wesley Bricker said Monday.
Korean Government Seeks to Strip Tax Perks From Crypto Exchanges
Cryptocurrency exchanges in South Korea may soon lose eligibility for tax benefits currently granted to smaller companies and startups.
South Korea Plans Tax Perks for Blockchain Startups
South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.
Japan's Finance Minister Balks at Changing Crypto Tax Rules
Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies.
Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
Chinese City to Use Blockchain In Fight Against Tax Evasion
Tencent is working with a local tax authority on fintech solutions to tax issues, and already has a blockchain product for invoicing.
India Considers New Tax on Cryptocurrency Trades
India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.
France Is Cutting the Tax Rate for Retail Crypto Traders
France is about to offer relief to amateur cryptocurrency investors, after a ruling by the country's Council of State.
Crypto Hedge Funds Face Tough Choices on Tax Day
Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.
