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Are you an Australian citizen and worried you might not be paying all the taxes you are due on your bitcoin investments? Well, worry no more because the government is here to help. A group of experts has been assembled to make sure no satoshi goes untaxed in the land down under. Also Read: SEC […]
The post Australian Taxation Office Creates Task Force to Go After Bitcoin Traders appeared first on Bitcoin News.
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While major stock brokers are lining up to add bitcoin futures to their platforms, central bankers are apparently not too happy about it. A member of the European Central Bank (ECB) executive board has called the instruments a threat to the financial stability of the entire banking system. Also Read: After Ripple’s Rise BTC Dominance […]
The post Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB Director appeared first on Bitcoin News.
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Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to […]
The post Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore appeared first on Bitcoin News.
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It’s said that nothing in this world is certain, except death and taxes. And at least for the latter we can be sure that the powers-that-be are not going to let this change without a fight. The latest country now known to be looking at taxing bitcoin trading is South Africa. Also Read: Tax Investigators […]
The post South Africa Wants to Track and Tax Bitcoin Trading appeared first on Bitcoin News.
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