Korean Incoming Minister Confirms Crypto Taxation Plans
South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies...
Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings
Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli tax regulator has opened hundreds of tax accounts and...
US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition
Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to...
UK Investors to Pay Capital Gains and Income Tax on Bitcoin Investments
The U.K. government has said that individual investors will be liable to pay capital gains tax each time they sell crypto assets such as BTC for profit. In new...
Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies
The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their...
These Tools Will Help You Calculate Your Crypto Taxes
Filing taxes can be tricky and in jurisdictions like the United States is notoriously complicated. But when cryptocurrencies are added to the equation things start to get even harder....