Category: Taxation
Cryptocurrency Taxation
More Than 1,100 Suspects Arrested by Chinese Authorities for Money-Laundering via Crypto
When the crypto-industry was launched, the major reason behind its foundation was decentralization. The founder of the first cryptocurrency, Bitcoin wanted to offer a financial…
US’s Revenue Collecting Authority Warns Taxpayers of Seizing Their Undisclosed Digital Assets
Internal Revenue Service’s (IRS) top official warned taxpayers that their digital assets would be seized if they were found concealing their digital assets and failed…
BTC Tax Evaders Apprehended by the Korean Authorities
On the other face of the story of Bitcoin adoption, it has been noticed that people are using the digital asset to evade the payment…
South Korea Finalizes a 20% Tax on Income Generated From Crypto Trading
The South Korean government will now charge a tax on income made through cryptocurrency trading as the government has finalized a new tax plan today…
Cryptocurrency Investors in US Have Started to Receive Letters From The IRS
[finance.yahoo.com] The Internal Revenue Service (IRS) has begun sending letters to over 10,000 U.S. cryptocurrency investors last week, asking them to report their crypto holdings…
Cryptocurrency Taxation: Essential Information You Should Know About Cryptocurrency and Taxes
Are Cryptocurrencies Taxed? It seems as if 2018 is going to be a year of breakthrough concerning the taxing and IRS cryptocurrency benefits. The IRS…
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