Guide Highlights Patchwork of Crypto Tax Laws in Latin America
New research has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in Latin America. Go to Source Powered by WPeMatico
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Two Thirds of Users Support Taxation of Crypto Assets
The crypto industry’s attitudes toward tax are maturing, with a recent survey indicating that two-thirds of digital asset users are in favor of cryptocurrency taxation. Go to Source Powered by WPeMatico
$2K per Month for Every American: Andrew Yang Begs Congress to Pass Basic Income
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal basic income (UBI) package through Congress, in order to give Americans in need a monthly check. This week, former U.S. … Read more
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
Got crypto losses? The IRS has updated some guidelines and procedures in response to the COVID-19 pandemic Go to Source Powered by WPeMatico
Hobbyist Miners Are Exempt From Tax in Singapore
Singapore-based miners will not be subject to capital taxation on the fluctuations of tokens generated Go to Source Powered by WPeMatico
Bitcoin Cash ‘Sleeper’ Tax Remains Hot Issue for BCH Community
Bitcoin Cash supporters demand to know why a controversial miner’s tax remains in the code for its May network update Go to Source Powered by WPeMatico
Fifth-Largest US Accounting Firm Partners With Crypto Tax Tech Company
Clients of RSM will receive access to Lukka’s crypto tax and accounting software Go to Source Powered by WPeMatico
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they plan to “do it as soon as possible, so it can be … Read more
The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?
An individual in the U.S. may have to pay a capital gains tax when purchasing a single cup of coffee with Bitcoin Go to Source Powered by WPeMatico
Investigating Digital Assets in Japan Stymied by Nature of Crypto
Japanese tax laws aren’t ready for investors to declare their digital assets just yet, according to top government officials Go to Source Powered by WPeMatico
