Tag: Tax

Crypto Taxes
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21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

Brian Evans - Apr 11, 2019

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

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Canada Schemes to Launch Audits Against Bitcoin Tax Evaders

Brian Evans - Mar 07, 2019

The Canada Revenue Agency (CRA) is reportedly targeting Bitcoin investors as well as other cryptocurrency users with federal tax audits. The CRA has also sent questionnaires to…

Business News
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EY Aims to Make It Easier to Calculate Crypto Taxes With New Tool

Brian Evans - Mar 05, 2019

The professional services giant has launched a product to help clients automate their cryptocurrency accounting and tax calculations.

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Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing

Brian Evans - Jan 28, 2019

One year after one of the biggest tax overhauls in American history,  a survey released on Monday has revealed that the tax cut has not brought about…

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Bitwage Now Lets Firms Pay Salaried Staff in Crypto

Brian Evans - Jan 16, 2019

A new product from Bitwage makes it easier to handle payroll taxes when paying employees in bitcoin or ether.

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Bulgaria Investigates Crypto Exchanges For Taxes, Asks 10% on Profits

Brian Evans - Jan 16, 2019

The government of Bulgaria has started to investigate crypto exchanges to demand taxes from the profits investors generated from trading digital assets. The National Revenue Agency (NRA)…

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Danish Tax Agency to Collect User Data from Crypto Exchanges

Brian Evans - Jan 14, 2019

The Danish Tax Agency has got the green light to collect trader information from local cryptocurrency exchanges to see if they are paying their dues.

Business News
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UK Tax Agency Publishes Detailed Guidance for Crypto Holders

Brian Evans - Dec 19, 2018

U.K. tax body HMRC has provided an in-depth explanation of how cryptocurrency users should pay their taxes on their holdings.

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US Congressman Drafts Bills to Aid Blockchain Development

Brian Evans - Sep 21, 2018

U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.

Business News
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US Lawmakers ‘Strongly Urge’ IRS to Update Crypto Tax Guidance

Brian Evans - Sep 20, 2018

U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.