India Considers New Tax on Cryptocurrency Trades India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.… Read More
Cryptotax is Here to Stay: Understanding Tax Implications for Bitcoin Miners and Traders For many, one of the main attractions of cryptocurrencies like Bitcoin was the fact that the currencies function on a decentralized blockchain, democratizing the processes of storing, saving and transferring funds outside of traditional banking channel…… Read More
Arizona Lawmakers Strip Crypto Mentions From Tax Payments Bill Arizona Senate Bill 1091 has been passed by the House and Senate – but no longer mentions cryptocurrencies anywhere.… Read More
‘Belligerent’ Crypto Miners Prompt Power Utility to Beef Up Security Chelan County’s Public Utilities District is enacting new security measures to protect employees from bitcoin miners.… Read More
Arizona’s Bid to Accept Crypto for Taxes Suffers Setback Arizona’s crypto tax bill no longer enables the Department of Revenue to collect taxes in cryptocurrency, but rather directs it to conduct a study. … Read More
France Is Cutting the Tax Rate for Retail Crypto Traders France is about to offer relief to amateur cryptocurrency investors, after a ruling by the country’s Council of State.… Read More
Arizona’s Crypto Tax Payments Bill Clears Hurdle Arizona’s revamped cryptocurrency tax bill was approved by a key committee on Monday.… Read More
Tax Day Post-Mortem: What to Expect in the Crypto Markets & How to Prepare for Tax Day in 2019 Now that 2017 tax season is over, I believe we’ll be seeing the start of a long bull market. Why? Because wealthier crypto investors can now focus their energy on the crypto markets and their investments without having to deal with the burden of taxes….… Read More
Crypto Hedge Funds Face Tough Choices on Tax Day Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes. … Read More
Why the IRS Should Treat Crypto as a New Asset Class Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.… Read More