OECD calls out countries for their inconsistent rules on crypto taxation
The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets. Go to Source Powered by WPeMatico
Taxation
Auto Added by WPeMatico
EU removes this crypto hotspot from tax haven blacklist, clearing path for further adoption
Yet, the biggest crypto hub remains on the blacklist. Go to Source Powered by WPeMatico
PwC’s global crypto tax report reveals the need for further regulatory guidance
The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required to keep up. Go to Source Powered by WPeMatico
New Zeland’s tax authority grills companies for info on crypto users
If it’s a taxable event, authorities want to know. Go to Source Powered by WPeMatico
The IRS wants to tax every penny of your crypto, US government memorandum says
That will be confusing for some, and unsurprising for others. Go to Source Powered by WPeMatico
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
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, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert … Read more
IRS Tax Warnings on Ethereum’s Fifth Anniversary
Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now. Go to Source Powered by WPeMatico
Tokenization Holds the Key to Sustainable Platform Business Model Growth
In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool. Go to Source Powered by WPeMatico
Things to Consider When Giving Crypto to Charities or Others
Here are some important things to know before giving donations in cryptocurrency for charitable purposes. Go to Source Powered by WPeMatico
Crypto Tax Disclosures Can Help With Internal Revenue Service
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Go to Source Powered by WPeMatico
