South Korea Plans to Implement 20% Tax on Cryptocurrency Profits in 2023 The Government is planning a 20% tax on cryptocurrency investors making an annual income of more than 2.5 million Won.
PayPal, Coinbase Invest in Crypto Taxation Platform Taxbit The platform offers automated crypto taxation calculation to partner exchange users.
The Tax Man is Coming for Bitcoin: IRS “Enforcement” Impending in 2021 Crypto holders are believed to be a major driving force behind a widening 'tax gap' in the United States. ...
Proposed Indian Crypto Tax Could Kill the Local Industry The government is expecting to gain $1 billion in taxes from Bitcoin trades.
Israeli Tax Agency Is Seeking Crypto Holding Disclosure Crypto profits are taxed at 25 percent in the country as capital gains.
Ernst & Young Launches EY CryptoPrep to Help US Traders with Tax CryptoPrep is a SaaS web-based crypto tax engine.
IRS Approaches Contractors to Audit Crypto Tax Returns The third-party would be responsible for calculating gains and losses in crypto for each taxpayer.
UK Tax Agency Seeks Blockchain Tool to Combat Crypto Crimes The agency is willing to enter a one-year contract for such a tool.
Belarus Makes Forex Trading Exempt from Taxes Indefinitely Alexander Lukashenko, the President of the country, signed the Decree No. 503 “On Taxation.”
TaxBit Secures $5 Million from Dragonfly, Winklevoss Capital The platform is in an expansion mode to Canada, Australia, and the UK.
Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick Keep up to date with the most interesting crypto and FX news stories so far in 2020.
South Korea Won’t Tax Crypto Profits A lack of definition of “virtual currencies” in the country's law has made it difficult to properly tax the ...
IRS Issues Tax Refunds to Crypto Hodlers Who Reported Accurately The refunds could signal that the tax agency is not aiming to be punitive to crypto holders.
UK Tax Office Says Crypto Is Neither Currency Nor Money New guidelines published November 1 also said that crypto is generally not "stock or marketable securities.”
Portugal Exempts Taxation on Crypto Trading and Payments The order was based on a 2015 ruling by a European court.
The IRS Just Sent a Round of Collection Letters to Crypto Holders After a round of warning letters first went out last month, it's becoming clear that the agency isn't messing ...
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.
IRS Sends 10,000+ Letters of Warning to Crypto Holders Recipients of the letters may have been among the 13,000 Coinbase users whose data was given to the IRS. ...
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
BitPay Ties with Refundo for Tax Refunds in Bitcoin Bringing crypto and taxation together has become a trend in the US market.