Russian prime minister proposes legal steps to bring order to crypto market
Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code. Go to Source Powered by WPeMatico
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DoJ makes fintech giant sell Credit Karma’s tax wing to Square before $7.1B acquisition
Intuit, which also owns TurboTax, can’t hold all the keys to consumer tax software, the DoJ says. Go to Source Powered by WPeMatico
South Korean government to delay crypto-tax rules by three months
Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure. Go to Source Powered by WPeMatico
Lithuanian tax service’s first confiscated crypto sale nets $7.6M
The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro. Go to Source Powered by WPeMatico
Friendliest of them all? These could be the best countries for crypto
The level of freedoms that the U.S. has provides an argument for the country as the most crypto-friendly location, although Puerto Rico also has its benefits. Go to Source Powered by WPeMatico
Big Macs for stacking Sats: Bad Crypto news of the week
Check out this week’s Bad Crypto podcast Go to Source Powered by WPeMatico
U.S. law firm says IRS is coming after Coinbase users who evade taxes
Once an IRS investigation or audit is opened, it’s too late to make amends, warn tax lawyers. Go to Source Powered by WPeMatico
How the IRS tracks down people who don’t report their crypto
The United States tax authority doesn’t seem to be very efficient when it comes to tracking down who owes crypto taxes — for now. Go to Source Powered by WPeMatico
Tax professional explains the most important thing for US crypto holders
Tax season is confusing, especially when it comes to crypto. Go to Source Powered by WPeMatico
Winklevoss’ Gemini exchange to count crypto taxes in real time
TaxBit’s tool will allow Gemini customers to increase their tax refund. Go to Source Powered by WPeMatico