Tax

Tax

Markets

Taxing All Bitcoin Buying Will Backfire for the IRS

The IRS' 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.

Tax

Markets

Judge Backs FTC Asset Freeze in Crypto Fraud Case

U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.

court

Markets

Australia Seeks Public Input on Crypto Tax Guidelines

The Australian government is looking for public feedbacks to make sure crypto investors will not have excuse for not meeting their tax liability.

australia tax

Markets

IRS Reminds US Taxpayers to Report Crypto Earnings

The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.

IRS

Markets

OECD to G20: Crypto Tax Policies Need Global Clarity

The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.

OECD

Markets

ABA to IRS: Create Safe Harbor for Forked Cryptos

The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

U.S. income tax form

Markets

SEC Official Says 'Dozens' of Crypto Investigations Underway

Stephanie Avakian, a co-director of the U.S. SEC's Enforcement Division, said the agency is investigating "dozens" of ICO campaigns.

SEC

Markets

Puerto Rico Aims to Attract Blockchain Startups With New Council

Puerto Rico's government has created an advisory council aimed at spurring the development of blockchain businesses.

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Markets

Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies

The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

thailand government house

Markets

Coinbase Releases Cryptocurrency Tax Calculator

The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.

BTC