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Regulation
Israeli Tax Agency Is Seeking Crypto Holding Disclosure
2020-12-28T12:11:13.000+02:00
Crypto profits are taxed at 25 percent in the country as capital gains.
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Executive Moves
Ernst & Young Launches EY CryptoPrep to Help US Traders with Tax
2020-06-19T09:10:53.000+02:00
CryptoPrep is a SaaS web-based crypto tax engine.
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IRS Approaches Contractors to Audit Crypto Tax Returns
2020-05-13T10:30:23.000+02:00
The third-party would be responsible for calculating gains and losses in crypto for each taxpayer.
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UK Tax Agency Seeks Blockchain Tool to Combat Crypto Crimes
2020-01-21T09:18:03.000+02:00
The agency is willing to enter a one-year contract for such a tool.
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Regulation
Belarus Makes Forex Trading Exempt from Taxes Indefinitely
2020-01-10T13:28:16.000+02:00
Alexander Lukashenko, the President of the country, signed the Decree No. 503 “On Taxation.”
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TaxBit Secures $5 Million from Dragonfly, Winklevoss Capital
2020-01-07T09:49:09.000+02:00
The platform is in an expansion mode to Canada, Australia, and the UK.
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Analysis
Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick
2020-01-05T14:10:31.000+02:00
Keep up to date with the most interesting crypto and FX news stories so far in 2020.
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South Korea Won't Tax Crypto Profits
2020-01-02T11:51:25.000+02:00
A lack of definition of “virtual currencies” in the country's law has made it difficult to properly tax the earnings.
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News
IRS Issues Tax Refunds to Crypto Hodlers Who Reported Accurately
2019-11-18T09:19:44.000+02:00
The refunds could signal that the tax agency is not aiming to be punitive to crypto holders.
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UK Tax Office Says Crypto Is Neither Currency Nor Money
2019-11-04T09:13:24.000+02:00
New guidelines published November 1 also said that crypto is generally not "stock or marketable securities.”
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Portugal Exempts Taxation on Crypto Trading and Payments
2019-08-30T08:26:40.000+02:00
The order was based on a 2015 ruling by a European court.
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The IRS Just Sent a Round of Collection Letters to Crypto Holders
2019-08-16T07:43:54.000+02:00
After a round of warning letters first went out last month, it's becoming clear that the agency isn't messing around.
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News
To Report, or Not to Report? Crypto Tax Delinquents Decide
2019-08-02T07:41:51.000+02:00
Earlier this week, the IRS demanded that crypto holders swear to their alleged compliance or admit delinquency.
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IRS Sends 10,000+ Letters of Warning to Crypto Holders
2019-07-29T07:32:40.000+02:00
Recipients of the letters may have been among the 13,000 Coinbase users whose data was given to the IRS.
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Regulation
J5 Countries Closing in on Crypto Tax Avoiders
2019-06-07T16:29:46.000+02:00
Authorities in the UK, US, Netherlands, Australia and Canada are cracking down on people using crypto to avoid tax
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BitPay Ties with Refundo for Tax Refunds in Bitcoin
2019-05-01T12:40:47.000+02:00
Bringing crypto and taxation together has become a trend in the US market.
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News
As US Social Security Crumbles, Millennials May Turn to Crypto
2019-04-24T14:15:12.000+02:00
Millennials are going to have to be more self-reliant than older generations when it comes to retirement.
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Is Anyone Actually Gonna Pay Taxes on Crypto this Year?
2019-04-12T07:40:57.000+02:00
Last year, reports emerged that very few Americans were filing taxes on their cryptocurrency gains and losses.
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TurboTax Adds CryptoTrader.Tax, 3rd Crypto Partnership in 2019
2019-04-05T09:27:11.000+02:00
TurboTax appears to be honing in on the cryptocurrency trading crowd.
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Ernst & Young Launches Tool for Crypto Tax Filing
2019-03-05T09:57:06.000+02:00
The service is limited to the United States for now.
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Regulation
UBS Fined €3.7 Billion by French Authorities for Tax Evasion
2019-02-20T19:20:31.000+02:00
The Swiss investment bank rejected a prior settlement offer from French authorities
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Interviews
Hey, Crypto Retail Investors: The IRS Is Eyeing Your Wallet
2019-02-19T12:36:07.000+02:00
Node40 cofounder Sean Ryan speaks about the changing landscape around cryptocurrency taxes.
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Decentralization Doesn't Negate Taxation, Bittax CEO Says
2019-02-12T09:59:20.000+02:00
Gidi Bar Zakay speaks about how taxation has evolved in the cryptocurrency industry.
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Danish Tax Agency Cracks Down on Delinquent Crypto Traders
2019-01-15T08:25:34.000+02:00
The Danish tax authority is pulling data from three cryptocurrency exchanges.
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News
Bulgarian Tax Authorities Close in on Cryptocurrency Earnings
2019-01-14T18:44:50.000+02:00
The NRA is the latest in a series of governmental authorities to start looking at taxing digital assets.
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