IRS
The U.S. Is Weighing Crypto Tax Rules: What Could Happen Next?
The U.S. Internal Revenue Service (IRS) has a public hearing slated on Monday about proposed regulations for digital asset transactions. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect, along with some of the concerns about the framework, which includes user privacy.
How a New Tax Proposal From the IRS Could Impact DeFi
The U.S. Internal Revenue Service (IRS) has a public hearing slated on Monday about proposed regulations for digital asset transactions. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the crypto industry's reaction to the proposal and what it could mean for decentralized finance (DeFi) projects.
The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
Blockchain is not the problem, it is the solution to the problem the U.S. tax agency wants to solve through its highly controversial "broker rule."
'Bruno Brock', Founder of Oyster Pearl, Gets 4 Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.
Coinbase Sounds Alarm on IRS Crypto Tax Proposal
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.
Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
Fears of the case being the start of a new assault on the industry may be overblown.
Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements.
