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Category: tax code
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Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
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Ukrainian Parliament Adopts Amended Virtual Assets Law
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Lawmakers push back on crypto provisions in Infrastructure Bill
The latest proposal from a group of House Democrats seeks to change how updates to the tax code affect crypto entities “who do not engage in brokerage services.”
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Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
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Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
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Poles Hit With Backdated Tax on Crypto Trades
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European […]
The post Poles Hit With Backdated Tax on Crypto Trades appeared first on Bitcoin News.
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Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd […]
The post Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin appeared first on Bitcoin News.
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New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill
During the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. Now after some deliberation, New Hampshire’s House Subcommittee unanimously approved the state’s bitcoin for taxes bill. Also read: US State of Ohio Accepts […]
The post New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill appeared first on Bitcoin News.
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