taxation
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Traders are concerned about whether or not their activities put them in legal jeopardy after new IRS rules in effect from Jan. 1
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The IRS’s proposed tax rules hinder digital asset growth by imposing restrictions that question their utility, Coinbase’s Vice President of Tax wrote Thursday
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The broker rule, introduced in August under President Joe Biden’s Jobs Act seeks to establish clear reporting standards for the crypto industry
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Updated terms did not relate to taxes and ConsenSys said that taxes apply solely to specific products and paid plans
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The UK government is considering proposals that would give the tax authority powers to seize cryptoassets from tax-dodging businesses
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The UK Treasury said Wednesday it is updating tax return forms to ensure individuals declare profits or earnings generated from crypto as a separate category, rather than combining it with other income sources. According to the government’s latest budget announcement, changes […]
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Proposed changes on tax rules aroun cryptoasset wash trading could raise up to $24 billion, according to the Biden administration
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A separate claim brought against Saylor and MicroStrategy accusing the company and its executive chairman of conspiring to violate the district’s False Claims Act, has been dismissed
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A crypto sale always triggers a taxable event — the IRS requires that you report any gains even if it is made in an alternative digital asset
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As US law currently stands, stakers and miners are required to pay taxes on rewards such as income, regardless of if the tokens were sold or traded
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The bill specifies that DAOs are by default classified as a business entity, meaning that these community-led groups can expect to pay up on tax day
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The government rejected two bills to tax crypto gains in 2022, but a new bill is already on the books to tax and regulate cryptoassets in the near future
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Indonesia will begin taxing crypto transactions by May 1, charging 0.1% on both VAT and income tax
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Some fear India’s crypto tax, which took effect on Thursday, will cause the nascent industry’s companies to relocate offshore
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Colorado is hoping to become more crypto friendly with a new tax proposal, but investors should understand the complications
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Accountants focused on digital assets are bracing for clients with hefty crypto tax bills, payments made more difficult by the recent crypto sell-off
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Four US representatives in 2020 wrote to the IRS in a bid for clarity around tax payments for crypto staking
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A decision to refund taxes paid on staking rewards could have large implications for how proof-of-stake miners and stakers are taxed in the future
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Thailand is weighing up measures either to tax revenue from each crypto transaction or only profits
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Proposed tax would levy a 20% capital gains on cryptocurrency transactions. Critics say this has driven a significant amount of volume offshore.
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