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Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
20.4.2020
Got crypto losses? The IRS has updated some guidelines and procedures in response to the COVID-19 pandemic
Singapore Won’t Tax Airdrops or Hard Forks Under New Crypto Guidance
20.4.2020
Singapore’s taxation authority has clarified how it taxes the transaction of payment, utility and security tokens
Hobbyist Miners Are Exempt From Tax in Singapore
19.4.2020
Singapore-based miners will not be subject to capital taxation on the fluctuations of tokens generated
COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries
18.4.2020
New crypto laws are coming from the members of the Joint Chiefs of Global Tax Enforcement to prevent money laundering
BitGo Offers Tax Tracking Services for Institutional Clients by Acquiring Lumina
16.4.2020
BitGo acquires Lumina in what is the latest in its spree of acquisitions and expansions
Bitcoin Cash 'Sleeper' Tax Remains Hot Issue for BCH Community
15.4.2020
Bitcoin Cash supporters demand to know why a controversial miner’s tax remains in the code for its May network update
Tax 'Fugitive' and Crypto Bull John McAfee Announces New Privacy Coin
14.4.2020
After releasing an ERC-20 token called "Epstein Did Not Kill Himself" under the ticker "WHACKD" last year, John McAfee is turning his attention to privacy coins
Fifth-Largest US Accounting Firm Partners With Crypto Tax Tech Company
13.4.2020
Clients of RSM will receive access to Lukka’s crypto tax and accounting software
The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?
11.4.2020
An individual in the U.S. may have to pay a capital gains tax when purchasing a single cup of coffee with Bitcoin
Non-Stimulus Tax Rules You’ll Need This Year
10.4.2020
The IRS has already started crucial initiatives to fight against the COVID-19 crisis, but will they benefit taxpayers?
Polish Politicians and Bitcoin Enthusiasts Clash Online over Crypto Tax
9.4.2020
The Polish government has come under fire for introducing coronavirus-mitigating legislation that includes suspending a new 1% civil law transactions tax (PCC) on crypto purchases and sales.
A number of opposition politicians have criticized the government, claiming there are other groups besides...
‘Dismayed’ Blockchain Startups Excluded from S Korean Tax Support Plan
8.4.2020
South Korean blockchain companies say they are “deeply disappointed” by the news that they will be excluded from a support program for small- and medium-sized enterprises (SMEs) in the worst-hit parts of the nation, helping them deal with the financial aftermath of the coronavirus pandemic.
Per...
Politician Challenges Japanese Gov’t on Crypto Tax Rate, Urges Review
7.4.2020
Shun Otokita. Sourse: a screenshot, Instagram/otokitashun
A Japanese lawmaker has challenged the government on its crypto tax rate policy, claiming that the current rate of taxation on crypto-related profits is “too high” – claiming that “investors are moving their money overseas” rather than...
Spanish Tax Watchdog Puts 66,000 Crypto Traders on Notice
3.4.2020
Spain’s tax authority will fired off tens of thousands of warning notes to crypto traders
CoinTracker Adds 6 Industry Partnerships for Its Crypto Tax Reporting Tool
2.4.2020
The crypto tax reporting app provider has partnered with a number of prominent blockchain industry names including ErisX, Lolli and Casa
Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
2.4.2020
The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...
66,000 Spanish Crypto Traders Warned to Pay Tax on their Earnings
1.4.2020
Source: Adobe/Hugh O'Neill
Either more Spanish citizens than ever before traded in cryptoassets in the past financial year or the country’s tax authorities have become more adept at monitoring citizens’ crypto-related activities. That appears to be the takeaway after Spanish tax authorities said...
Crypto Holders Still Face Issues Reporting Tax Liabilities, Survey of CPAs Finds
31.3.2020
Certified Public Accountants familiar with crypto largely believe their clients might face audits or penalties for under-reporting holdings in past years, according to a survey
No Tax for You: Why Crypto Traders and Miners Might Head to Portugal
28.3.2020
Zero taxes for crypto traders and miners: Is Portugal poised to become a Bitcoin tax haven?
Canada’s Tax Authority Demands Personal Data on 115,000 QuadrigaCX Users
27.3.2020
The Canada Revenue Service has requested 750,000 documents spanning the personal information and transaction histories of Quadriga’s 115,000 users