To Report, or Not to Report? Crypto Tax Delinquents Decide Earlier this week, the IRS demanded that crypto holders swear to their alleged compliance or admit delinquency.
The Tax Consequences of Holding Digital Assets Even the most seasoned tax professional can struggle to keep up with cryptocurrency regulations.
J5 Countries Closing in on Crypto Tax Avoiders Authorities in the UK, US, Netherlands, Australia and Canada are cracking down on people using crypto to avoid tax
IRS Prioritizes Issuance of a Crypto Tax Guideline The agency published its first rule book on the topic in 2014, which now became obsolete.
Deutsche Bank Execs Were Aware of Tax Fraud Scheme The German banking giant is already embroiled in Danske Bank's money laundering scandal
Japanese Authorities Strengthen Cryptocurrency Tax Enforcement Authorities will be able to demand personal details of cryptocurrency holders from companies.
Cryptocurrency Tax: Spanish Treasury Identifies 15,000 Crypto Holders The Spanish treasury requested information on cryptocurrency holders from over 60 companies in April.
Bitcoin and Taxation: An Introductory Guide for Crypto Investors A breakdown of the way Bitcoin and Tax are linked, and how to approach the issues posed by the ...
Forex Industry Concerned about Increasing Tax Stringency in Russia Russian government extended the moratorium on scheduled inspections of small businesses until 2022
Crikey! The Australian Tax Office Cracks Down on Crypto The ATO is reportedly collaborating with banks and industry officials to better understand crypto.
New US Tax Law Closes Loophole for Cryptocurrencies Unlike physical assets, investors can no longer exchange cryptocurrencies to avoid taxes.
Bitcoin Tax Implications – Six Facts Every Businessperson Must Know Every major change in how we do business represents both disruption and opportunity. Bitcoin is no different.
The IRS Must Adapt to Cryptocurrency, Not Accuse Bitcoin Users of Tax Avoidance In light of the Coinbase case, expert Perry Woodin explains how the American tax system needs to deal with ...
Israeli High Court Foils “Imperialistic” American Tax Law – FATCA Under FATCA, all non-U.S financial institutions worldwide are required to report U.S clients holding more than $50,000 to the ...
Death and Taxes: IRS Begins Procuring Offshore Client Accounts, Records from UBS In what could be a significant development moving forward, UBS has provided the IRS with tax records and offshore ...