US Congressman Reintroduces Bill With Tax Protections for Investors With Forked Crypto Assets
The legislation would outlaw penalizing taxpayers until the IRS clarifies its policies.
Harvesting your crypto losses during a dip generates greater tax savings than hodling, says a crypto tax expert.
The lawmakers say the amount of a donation should depend on free market value, not an appraiser’s determination.
The software magnate was arrested in October in Barcelona.
The ministry cites a risk of fraud and an increased number of tax filing errors as the catalyst for cracking down on crypto tax evasion.
Koreans will be required to pay tax when balances held with foreign virtual-asset businesses exceed 500 million won ($450,000).