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El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

Shaurya Malwa · 1 week ago · 2 min read

U.S. state of Colorado considers tax payments via crypto

The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent.

Ana Grabundzija · 3 weeks ago · 2 min read

54% of Koreans say they support crypto taxes

A new survey in South Korea has shown that 53.7% of respondents support the upcoming implementation of capital gain taxes on profits from crypto trading, local outlet Yonhap News Agency reported today.

Liam Frost · 1 month ago · 1 read

Korea’s financial watchdog orders employees to disclose crypto holdings

The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo, has ordered the regulator’s employees involved in digital assets-related policymaking to disclose their crypto holdings by May 7, local outlet The Korea Times reported today.

Liam Frost · 2 months ago · 2 min read

Korea weighs delaying crypto taxation laws to appeal to young voters

South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today.

Shaurya Malwa · 2 months ago · 2 min read

Korean tax officers seize $22M in crypto directly from exchange accounts

South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.

Liam Frost · 2 months ago · 2 min read

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken.

Liam Frost · 2 months ago · 2 min read

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express.

Shaurya Malwa · 3 months ago · 2 min read

U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

United Kingdom crypto investors braced themselves for significant changes in the treatment of Capital Gains Tax (CGT).

Samuel Wan · 3 months ago · 2 min read

Edge

South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why

South Korean economists aren’t happy with the government’s proposal to tax Bitcoin and other cryptocurrencies, days after reports suggested the latter.

Shaurya Malwa · 12 months ago · 3 min read

Algorand and Blockchain.com users can now report taxes and transactions via a new tool

Algorand and Blockchain dot com are getting a much-needed boost, the two firms are integrating with a crypto accounting and tax platform to help users easily manage financial implications on decentralized transfers and crypto storage.

Shaurya Malwa · 1 year ago · 2 min read

The top 6 reasons to start tracking your crypto

There is an abundance of new and existing crypto tokens, coins crypto wallets, service providers and decentralized financial instruments powered by blockchain.

Adam Efrima · 1 year ago · 4 min read

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Seattle-based cryptocurrency tax analysis firm ZenLedger has raised $3.35 million in a seed round after processing more than $1 billion crypto transactions.

News Desk · 1 year ago · 2 min read

Crypto-to-crypto trades remain tax exempt, says French finance minister

Crypto-to-crypto trades will remain tax exempt, iterated French finance minister Bruno Le Maire.

Mitchell Moos · 2 years ago · 2 min read

IRS conducting electronic surveillance in attempt to clampdown on Bitcoin tax crime

The IRS plans to interview family and friends, search through social media posts, and issue subpoenas to ensure people pay taxes on their Bitcoin, according to a presentation given to the IRS Criminal Investigation division.

Mitchell Moos · 2 years ago · 4 min read

How to pay no taxes on your Bitcoin gains

Taxes, in and of themselves, can be complex, and throwing your crypto gains on top of it makes things even more challenging.

Bryce Welker · 2 years ago · 4 min read

How some traders avoid bitcoin taxes using crypto loans

Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their bitcoin and get cash while avoiding capital gains tax.

Priyeshu Garg · 2 years ago · 3 min read

Starbucks Wants Customers to Buy Coffee with Bitcoin, Taxes Disagree

Former vice president of payments at Starbucks, Maria Smith, promised that Starbucks would play a “pivotal role in developing practical, trusted and regulated applications for consumers” to pay for coffee with Bitcoin.

Liam Kelly · 2 years ago · 3 min read

Stablecoin Classifications, Regulations, and Tax Implications from a Certified Public Accountant

Stablecoins are the latest innovation to emerge over the past year and have the potential to revolutionize not only virtual currency markets but to also become a new mechanism for worldwide commerce.

Dmitri Alexeev · 2 years ago · 5 min read

Understanding the IRS and Cryptocurrency: Penalties, Tax Evasion, and Compliance

Delinquent federal and state tax filings or unreported 2017 or prior tax years’ transactions may force taxpayers dealing in crypto to liquidate significant positions in cryptocurrencies at lower values to pay outstanding tax liabilities to the IRS, including interest and penalties.

Dmitri Alexeev · 2 years ago · 5 min read

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Latest Taxes News

El Salvador President: No capital taxes on Bitcoin, PR for crypto entrepreneurs

U.S. state of Colorado considers tax payments via crypto

54% of Koreans say they support crypto taxes

Korea’s financial watchdog orders employees to disclose crypto holdings

Korea weighs delaying crypto taxation laws to appeal to young voters

Korean tax officers seize $22M in crypto directly from exchange accounts

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why

Algorand and Blockchain.com users can now report taxes and transactions via a new tool

The top 6 reasons to start tracking your crypto

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Crypto-to-crypto trades remain tax exempt, says French finance minister

IRS conducting electronic surveillance in attempt to clampdown on Bitcoin tax crime

How to pay no taxes on your Bitcoin gains

How some traders avoid bitcoin taxes using crypto loans

Starbucks Wants Customers to Buy Coffee with Bitcoin, Taxes Disagree

Stablecoin Classifications, Regulations, and Tax Implications from a Certified Public Accountant

Understanding the IRS and Cryptocurrency: Penalties, Tax Evasion, and Compliance

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Latest Taxes News

U.S. state of Colorado considers tax payments via crypto

54% of Koreans say they support crypto taxes

Korea’s financial watchdog orders employees to disclose crypto holdings

Korea weighs delaying crypto taxation laws to appeal to young voters

Korean tax officers seize $22M in crypto directly from exchange accounts

IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Despite no laws, Indian minister says traders must pay taxes on Bitcoin

U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors

South Korea: Economists say taxing Bitcoin is a “premature” decision; here’s why

Algorand and Blockchain.com users can now report taxes and transactions via a new tool

The top 6 reasons to start tracking your crypto

Popular crypto tax analysis company hits $1b in transactions, raises $3 million

Crypto-to-crypto trades remain tax exempt, says French finance minister

IRS conducting electronic surveillance in attempt to clampdown on Bitcoin tax crime

How to pay no taxes on your Bitcoin gains

How some traders avoid bitcoin taxes using crypto loans

Starbucks Wants Customers to Buy Coffee with Bitcoin, Taxes Disagree

Stablecoin Classifications, Regulations, and Tax Implications from a Certified Public Accountant

Understanding the IRS and Cryptocurrency: Penalties, Tax Evasion, and Compliance