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If you are an American client of Coinbase and made plenty of transactions during 2017, you better check your email. The company sent out tax forms for 2017 to many clients who were not necessarily expecting it. Also Read: Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m IRS Tax Form San Francisco-based cryptocurrency exchange […]
The post Coinbase Sends American Clients IRS Tax Form 1099-K appeared first on Bitcoin News.
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Properly designed loans, swaps and forward contracts offer a way to lock in profits now and defer tax until later #EXPERT_TAKE
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A publicly traded Canadian crypto miner has just made a $8 million bet that all bitcoin users around the world will eventually be compelled to report their transactions to the taxman, and that they will help handling this oftentimes complex process. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People to Write […]
The post Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m appeared first on Bitcoin News.
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Taxing cryptocurrency gains have always been a puzzler for the taxation authorities, but, with coins like Bitcoin hitting the mainstream, and enough time elapsing, the tax man is catching up. #ANALYSIS
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Former Russian Finance Minister Alexei Kudrin favors “self-regulation” in the cryptocurrency sector. He believes it will be more effective, at this early stage, than any imposed regulations. Others have expressed similar views about the currently proposed regime. Kudrin shared his opinion on social media, commenting on the latest developments in the crypto debate. The longtime […]
The post Russia’s Longest-Serving Finance Minister Backs Crypto “Self-Regulation” appeared first on Bitcoin News.
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Personal income tax does not apply to cryptocurrency gains in Portugal. Transactions on a foreign crypto exchange may be subject to cross-border taxes. #EXPERT_BLOG
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Under mounting pressure to make decisions and take steps to clarify cryptocurrency matters, the Indian government may soon shed some light on one of many unclear aspects – taxation. Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next […]
The post Indians Expect Clarity on Bitcoin Taxes within Days appeared first on Bitcoin News.
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Crypto markets have dropped significantly from their highs in December, leading many pundits to call this a burst bubble. But let’s see what’s really been happening over the last month. #ANALYSIS
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Despite the amnesty program for crypto investors is on its way, owners of offshore accounts can use a back door. #EXPERT_BLOG
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The South Korean government is working on taxing cryptocurrency transactions. While the media reports that up to 24.2 percent taxes will be collected this year from crypto exchanges, the regulators say that the tax rates have not been decided. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations What Tax Rates Apply To […]
The post Tax Loophole Closing For South Korean Cryptocurrency Exchanges appeared first on Bitcoin News.
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