Search

Nalezeno "Taxes": 1137

Venezuela May Soon Be Collecting Taxes in Crypto

12.8.2020
Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it

Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus

12.8.2020
Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first...

Cryptocurrency News From Japan: August 2 - August 8 in Review

8.8.2020
Coincheck's CEO expressed optimism toward the company's upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week

New Kenyan Digital Tax to Affect Crypto Platforms

8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%

6.8.2020
Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...

Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards

4.8.2020
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards

US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed

4.8.2020
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should

Things to Consider When Giving Crypto to Charities or Others

25.7.2020
Here are some important things to know before giving donations in cryptocurrency for charitable purposes

South Korean Police Investigate Who Leaked the Crypto Tax Bill

24.7.2020
Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

Cryptocurrencies Could Undermine Obsolete Laws, Says Cybersecurity Expert

22.7.2020
According to Pavol Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.”

South Korea Finalizes Cryptocurrency Income Tax of 20%

22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading

IRS Sued by Ex-Coinbase User Over Seizure of Financial Records

15.7.2020
Jim Harper claims the tax collector violated his Fourth Amendment rights by seizing his crypto account records without obtaining a warrant

Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights

14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...