How Crypto Is Taxed in the US: A Taxpayer’s Dilemma
Facing the deadline to report their taxes by April 15, 2019, United States individual taxpayers may wonder what their U.S. tax reporting obligations are for crypto Go to Source Powered by WPeMatico
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Canada: Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin
The Canadian town of Innisfil is piloting a service that would allow residents to pay property taxes in Bitcoin Go to Source Powered by WPeMatico
This Short Animation Might Make You Think Twice About Taxes
A Bitcoin Cash (BCH) supporter recently noted that the biggest hindrance to cryptocurrency adoption is tax laws and reporting taxes on digital currency usage. After reading the commentary, Bitcoin.com CEO Roger Ver shared a four-minute video about the subject of taxes in order to spark questions in the minds of people who might not understand … Read more
Report: Canada Revenue Agency Auditing Crypto Investors
The Canada Revenue Agency is reportedly auditing crypto investors, sending them lengthy questionnaires regarding the nature of their holdings Go to Source Powered by WPeMatico
Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies
Ernst & Young has launched a new product for accounting and tax reporting on crypto assets Go to Source Powered by WPeMatico
California Bill Would Legalize Crypto for Tax Payments From Cannabis-Related Businesses
A new bill in the California State Assembly would allow tax payments from cannabis-related businesses in stablecoins Go to Source Powered by WPeMatico
Platform for Crypto Payments to Bank Accounts Launching in the UK
A company based in London has announced it’s launching a payment service that can help increase the mainstream adoption of cryptocurrencies. It allows users to send or spend digital coins which are converted and then transferred in the form of fiat money to the recipient’s bank account. Also read: ‘Bitcoin to the Moon’ Signs Appear … Read more
Two Companies Used Crypto to Pay Taxes in Ohio, Says State Treasurer
Ohio state treasurer Robert Sprague revealed that two companies have used the recently introduced option to pay taxes with cryptocurrencies Go to Source Powered by WPeMatico
China: Guangdong Province to Use Blockchain-Based Electronic Tax Invoices for E-Commerce
China’s most populous province is set to implement a blockchain-backed platform for electronic invoice services Go to Source Powered by WPeMatico
Japan Economic Alliance Asks Financial Regulator FSA to Reduce Tax on Crypto
The Japan Association of New Economy has asked the country’s financial watchdog to reduce taxes on crypto Go to Source Powered by WPeMatico
