Tax
'Sovereign' Blockchains Will Change Monetary Policy, Bank Paper Argues
A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.
Bitcoin Sales Are Currency Transactions, Russia's Tax Office Says
Russia’s tax agency wants its citizens to report the purchase or sale of digital currencies as currency transactions.
CPA Trade Association Pushes IRS for Bitcoin Tax Guidance
The AICPA has submitted comments to the IRS that seek to encourage the US tax agency to provide clarity on bitcoin and digital currency treatment.
Japanese Legislator Calls for Bitcoin Tax Exemption
A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a news source says.
Government Investigation of Alleged Bitcoin Creator Craig Wright Intensifies
Australian tax authorities are reportedly beefing up their investigation of Craig Wright, who last year was alleged to be bitcoin’s creator.
FinCEN Developed Bitcoin Training for IRS Tax Examiners
FinCEN has been working with the IRS to train its examiners on relevant aspects of bitcoin technology.
Spanish Tax Authorities Issue Bitcoin-Related Probe for Information
The Spanish Tax Authority has probed at least one bitcoin-friendly business for information on the way it handles digital currency payments.
Why Bitcoin Creates a Voluntary Tax System
Travis Patron explains why our notion of taxation is ripe for disruption, and why cryptocurrency is already liable for taxation by default.
Spanish Authorities Clarify How Tax Applies to Bitcoin Losses
The Spanish tax authorities have clarified how the country's existing tax law should be applied to bitcoin losses.
Australian Senate Committee Seeks to Overturn Bitcoin Tax Ruling
The way in which digital currency transactions are taxed should be reviewed, according to the Australian Senate Economics References Committee.
