Thailand Inches Closer to Cryptocurrency Taxation Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax. … Read More
Do You Owe the IRS for Crypto-to-Crypto Trades? For cryptocurrency traders, the ability to use like-kind exchange rules to avoid U.S. tax on trades is a bit of a “good news/bad news” story.… Read More
The Maddening Task of Calculating Taxes on Crypto Calculating tax exposure is always a data-heavy business process. With regular assets, this process is simple. In cryptocurrency, it’s anything but.… Read More
Everything You Were Afraid to Ask About Crypto Taxes There’s a lot of information to process, but ignoring it can be hazardous. The IRS is going to come after investors who are not reporting their gains.… Read More
Does the IRS Get a Cut of Your Bitcoin Cash? The tax treatment of hard forks in the U.S. is uncertain and the IRS should issue guidance addressing such issues, says a legal expert.… Read More
Taxing Every Bitcoin Purchase Will Backfire for the IRS The IRS’ 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.… Read More
Judge Backs FTC Asset Freeze in Crypto Fraud Case U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers. … Read More
Australia Seeks Public Input on Crypto Tax Guidelines The Australian government is looking for public feedbacks to make sure crypto investors will not have excuse for not meeting their tax liability.… Read More
IRS Reminds US Taxpayers to Report Crypto Earnings The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.… Read More
OECD to G20: Crypto Tax Policies Need Global Clarity The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.… Read More