Tag: Bitcoin Tax
France Mulls Lowering Taxes on Bitcoin
France appears ready to consider giving Bitcoin owners in the country a tax cut. This move comes as regulators in the country wish to streamline…
2018 Cryptocurrency Market Decline May Have Severe Tax Implications for US Taxpayers
The 2018 cryptocurrency price declines may push US-based investors into problems with the internal revenue service (IRS). Considering reports that indicate a low volume of…
Vague Cryptocurrency Tax Laws Cause Problems for Hedge Funds
Hedge funds engaged in the cryptocurrency market are having a difficult time evaluating their tax burden. With unclear IRS guidelines, many of these funds run…
New Zealand’s Inland Revenue Reminds Cryptocurrency Investors and Businesses of Their Tax Obligations
New Zealand’s Inland Revenue department appears to be taking a firmer stance against cryptocurrency traders and companies who use them, reminding them of their tax…
Coinbase Launches New Crypto Tax Calculator
Digital currency exchange Coinbase has launched a new gains/losses tax tool in its attempt to make it easier for its user base to report U.S.…
Australian Government to Track Down Investors Liable to Pay Bitcoin Tax
The Australian government is reportedly going to track down investors who may be liable to pay for their bitcoin tax, according to a report. To…
Bitcoin Drops Below $11,000 as South Korea Government Plans to Tax Crypto Exchanges
Bitcoin and other digital currencies dropped in value during Monday trading in light of the news that the South Korean government is to collect corporate…
India’s Tax Department Sends Notices to Cryptocurrency Traders
India’s income tax department has issued tax notices to tens of thousands of cryptocurrency investors following a nationwide survey, it has been reported. According to…
