India Considers 18% GST on Bitcoin Transactions
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain...
Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike
The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if...
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local...
Australia Tax Workplace Tries To Monitor Down Cryptocurrency-Tax Evaders
So far, Australian cryptocurrency merchants have been in a position to keep away from the gaze of the tax man with out an excessive amount of effort. However this...
Burnt At The Stake: Why PoS Cryptocurrency Might Go away You Feeling Taxed
The attraction of Proof-of-Stake (PoS) cryptocurrency of incomes annual rewards could also be a fallacy and a tax burden, concludes BitGo’s Ben Davenport.
The Attraction Of Proof-Of-Stake Is A...
TurboTax to Add New Section for Calculating Crypto Taxes
U.S. tax preparation software TurboTax Online has partnered with...