loophole – DIGIT INFO

$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

DIGIT — Mon, 27 Mar 2023 05:33:48 +0000

Kokomo Finance’s social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.

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UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

DIGIT — Thu, 16 Mar 2023 02:49:56 +0000

Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]

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Regulator denies asking FTX to prioritize withdrawals for Bahamian clients

DIGIT — Sun, 13 Nov 2022 02:44:00 +0000

The statement from the Securities Commission of The Bahamas refutes a claim from FTX that it has been facilitating withdrawals in accordance with Bahamian regulations.

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Trump’s New Tax Bill Means Changes Ahead for U.S. Bitcoiners

DIGIT — Fri, 29 Dec 2017 17:01:37 +0000

It has been 31 years since the United States addressed its labyrinthine tax structure. The 115th Congress passed a bill slicing seven income brackets on individuals to four, tweaking them mostly downward and slightly, lessening the corporate tax, and increasing deductions here while limiting others there. For bitcoiners, An Act to provide for reconciliation pursuant […]

The post Trump’s New Tax Bill Means Changes Ahead for U.S. Bitcoiners appeared first on Bitcoin News.

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