News

category: Taxes

Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
IRS, Janet Yellen Press Lawmakers to Push 'Tax Compliance Agenda' — Banks to Report Deposits, Withdrawals of $600
IRS, Janet Yellen Press Lawmakers to Push 'Tax Compliance Agenda' — Banks to Report Deposits, Withdrawals of $600
IRS Agent Poses as Bitcoin Trader Called 'Mr. Coins,' Biden's IRS Wants 'Outflow and Inflow' Data From Banks
IRS Agent Poses as Bitcoin Trader Called 'Mr. Coins,' Biden's IRS Wants 'Outflow and Inflow' Data From Banks
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
Philippines Tax Agency Targets Axie Infinity Players — ‘It’s Taxable, Subject to Income Tax’
Philippines Tax Agency Targets Axie Infinity Players — ‘It’s Taxable, Subject to Income Tax’
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions
IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions
Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
Korean Government Confiscates $47 Million in Crypto From Tax Evaders
Korean Government Confiscates $47 Million in Crypto From Tax Evaders
Denmark to Revise Tax Law to Target Cryptocurrencies
Denmark to Revise Tax Law to Target Cryptocurrencies
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body
South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body
Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
IRS Will Seize Cryptocurrencies From Investors to Settle Tax Debts, Official Warns
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
IRS Launches 'Operation Hidden Treasure' to Target Unreported Crypto Income
IRS Launches 'Operation Hidden Treasure' to Target Unreported Crypto Income
Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion
Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
South Korean Government to Start Taxing Crypto Trading Profits in 2022
South Korean Government to Start Taxing Crypto Trading Profits in 2022
IRS Updates Tax Requirements for Cryptocurrency Owners
IRS Updates Tax Requirements for Cryptocurrency Owners
Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force
Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force
India Considers 18% GST on Bitcoin Transactions
India Considers 18% GST on Bitcoin Transactions
Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya's New Regulations
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya's New Regulations
Targeted by IRS? What Cryptocurrency Owners Should Know
Targeted by IRS? What Cryptocurrency Owners Should Know
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro
305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro
New Kenyan Digital Tax to Affect Crypto Platforms
New Kenyan Digital Tax to Affect Crypto Platforms
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings
IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
South Korea to Start Taxing Bitcoin Profits in 2021
South Korea to Start Taxing Bitcoin Profits in 2021