$BCH

Jun 23, 2018

$BTC

Bitcoin Transactions Declared VAT-Exempt in Norway

The Norwegian Tax Administration changed its stance and declared Bitcoin transactions exempt from Value Added Tax (VAT) this week. Previously, they were not exempt...

Bitcoin-Friendly Denmark to Appoint First Digital Ambassador

Apple, Microsoft, Facebook and other technology giants have reached such importance and power that “they merit their own ambassador,” says Danish Foreign Minister Anders...

Considering Bitcoin An Asset Could Set Back Adoption in Israel

The Israeli Tax Authority (ITA) recently published a draft clarifying its stance on digital currencies including bitcoin for the first time. Bitcoin.com examines the...

How to Maximize Bitcoin’s Value in a Digital US Inheritance

When bitcoins are passed to an heir in a US inheritance, they are subject to a different tax rule than usual. The cost basis...

Still Time to Make Bitcoin Donations and Give Less to the IRS

The US Internal Revenue Service (IRS) has committed to cracking down on bitcoin users that may have been evading paying taxes. However, there is...
perpetual traveler

How to Use Bitcoin to Become a Perpetual Traveler

This past spring the creator of the Dollar Vigilante publication and podcast Jeff Berwick gave instructions on how to become a perpetual traveler and...
IRS virtual currency tax audit

IRS Fail: Treasury Audit Says it Can’t Manage Virtual Currencies

In a recently released internal report of an audit conducted by the Treasury department of the IRS and its ability to properly ensure taxpayer...
Japanese Sales Tax

Killing Japan’s Bitcoin Sales Tax: Breaking Down the Implications

The Japanese Financial Services Agency (FSA) is set to hold an official meeting by the end of 2016 to end sales tax on Bitcoin....
Spain

Spain Wants to Tax Bitcoin Miners 47%

The Spanish government plans to tax Bitcoin mining profits up to 47 percent, following official hints that mining will become a taxable activity. Also read: Spanish University Holds...
Tax

Australia’s Treasurer: Progress Made to End Bitcoin Double Tax

The Australian Treasurer and the FinTech Advisory Group met on Friday to further discuss the development of innovation in the financial services sector. Among...