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Category: capital gains
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Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
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Former pro sailer brokers tax-haven passports for wealthy crypto clients
Rich crypto investors are purchasing passports in tax havens for less than $200,000.
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Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
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Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
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Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
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Joe Biden’s Proposal to Double Capital Gains Tax Rate Shakes Financial Markets
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Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain income brackets. Two weeks ago, the […]
The post Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike appeared first on Bitcoin News.
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South Korea to Start Taxing Bitcoin Profits in 2021
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry of Economy and Finance proposed the amendments to the existing tax law […]
The post South Korea to Start Taxing Bitcoin Profits in 2021 appeared first on Bitcoin News.
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Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners
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 the coronavirus crisis Spain is facing. […]
The post Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners appeared first on Bitcoin News.
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