Tag: Tax

News and updates on cryptocurrency taxation in various states, countries and regions.

New US Bill Could Make Small Crypto Transactions Tax-Exempt

U.S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan....

Tax Authorities Are Making Bitcoin Unspendable

Bitcoin’s lack of widespread acceptance by merchants and use by shoppers isn’t just because of the perceived technological barriers and a lacking ecosystem. Tax...
Could Trudeaus Victory in Canada Propel Crypto Adoption New Zealand Style

Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style?

Justin Trudeau has narrowly won the 2019 Canadian election, edging out his conservative opponent to form what is likely to be a minority government. If...
crypto tax software solutions

Cryptocurrency Tax Software To Keep the IRS From Your Door

If you've traded cryptocurrency, chances are that you've lost a fair amount of hair--not to mention sleep--trying to calculate your obligations. Some hodlers only...
How to avoid the auditor when filing crypto taxes

Avoiding Audits: Common Mistakes When Filing Crypto Taxes

Filing crypto taxes can be quite tedious and frustrating, as the process requires data from every exchange account and wallet you have ever used...
US crypto taxes still hard to solve

US Crypto Taxes Are Still A Kafkaesque Nightmare

Taxes are never popular, but in the U.S., paying for crypto gains is like solving a Rubik's Cube without touching it. While blindfolded. You...
British government backed tax

The UK Is Quietly Preparing To Chase Unpaid Crypto Taxes

The British Government has requested that cryptocurrency exchanges hand over user identity data and transaction histories. HMRC, the U.K. tax authority, is expected to...
JPMorgan Says Bitcoin Is A Commodity And Has Intrinsic Value

JPMorgan Casts A Sly Glance At Bitcoin: But Don’t Get Too Excited Yet

Not for the first time, JPMorgan & Chase is raising a stir in the crypto community. In a recent note, the bank's strategists announced...