Bookmarking Crypto Insights
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A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on … Read more
Some investors put crypto in a trust that holds crypto assets. What are the specifics? A Tax lawyer comments Go to Source Powered by WPeMatico
Squawk Box’s Kevin O’Leary criticized “crypto crap” as being noncompliant and unregulated Go to Source Powered by WPeMatico
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week news.Bitcoin.com spoke with Sean Ryan, CTO … Read more
How could bitcoin prices influence paying taxes in bitcoin? An expert take from a tax lawyer Go to Source Powered by WPeMatico
San Marino’s regents have set regulatory guidelines in their decree on blockchain technology in business, setting policy for ICOs involving security and utility tokens Go to Source Powered by WPeMatico
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses Go to Source Powered by WPeMatico
Tax authorities in Japan say cryptocurrency traders have failed to report gains valued at $93 million over the past several years Go to Source Powered by WPeMatico
Belarus remains worried about crypto’s role in cybercrime and tax evasion, according to comments from the country’s general prosecutor Go to Source Powered by WPeMatico
Is Italy going “crypto”? Some significant changes have been affecting institutions and politics before today’s 2019 European elections — a survey on the status of the blockchain revolution in the Bel Paese Go to Source Powered by WPeMatico
