India May Levy 18 Percent Tax on Cryptocurrency Trading Starting July 2018
India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of ...
Tag: bitcoin tax
Bitfinex Forces Users to Submit Tax Information, May Share with Government
Major cryptocurrency exchange Bitfinex has recently notified some of its users that they are required to submit their tax information ...
France Slashes Cryptocurrency Tax Rate from 45% to a Flat 19%
France has more than halved its cryptocurrency income tax rate on capital gains, incentivizing citizens to invest and even take some ...
Tax Day Bounce? Bitcoin Price Crosses $8,000 as Sell Pressure Fades
The Bitcoin price saw a moderate bounce on Tuesday, as the impending conclusion of tax season in the US suggests ...
India’s Biggest Tax Filing Platform is Helping Investors File on Bitcoin Gains
A new partnership between major cryptocurrency exchange Zebpay and tax filing platform Cleartax aims to assist cryptocurrency investors file taxes ...
Trump’s New Economic Adviser Hints at Friendly Tax Policy for Crypto Investors
President Donald Trump’s new economic adviser has his sights set on lowering the capital gains tax rate, a move that ...
A New Georgia Bill Could Allow Residents to Pay Taxes with Bitcoin
Georgia has become the latest US state to consider allowing its residents to pay their taxes using Bitcoin and other ...
Bitcoin Will Be Taxed as an Asset: Israel Tax Authority
Israel’s official tax authority has confirmed that cryptocurrencies like bitcoin will be taxed as an asset with investors subject to ...
IRS Prepares to Bring Down the Hammer on Bitcoin Tax Cheats
US residents still have two more months to submit their annual federal tax returns, but the Internal Revenue Service (IRS) ...
India’s Tax Authority Sends Notices to ‘Tens of Thousands’ of Cryptocurrency Traders: Report
India’s income tax department has reportedly issued tax notices to a number of cryptocurrency traders following a nationwide survey of ...
12% or 18% GST? Indian Bitcoin Exchanges Could Pay Over $1 Billion in Taxes
Like everyone else, Indian bitcoin exchanges are confused about any applicable taxes on operating margins or revenues and are making ...
India’s Tax Sleuths are Looking Into Bitcoin Profiteers’ Overall Wealth
India’s income tax (IT) department is taking a closer look at the overall wealth of individuals making gains in bitcoin ...
India’s Tax Authorities to Issue Notices to 500,000 Bitcoin Traders
India’s Income Tax (IT) department is set to issue notices to up to 500,000 bitcoin adopters trading the cryptocurrency in ...
India’s Tax Authority Wants a Chunk of Your Bitcoin Profits
While India’s central bank warns citizens against investing in bitcoin, the country’s central tax agency is keen on taxing transactions ...
Indian Bitcoin Investors Face Paying Taxes on their Bitcoin Sales [Profits]
Investors in India are finding that they may be subject to paying tax after selling their bitcoin following the Reserve ...
South Korea Plans to Impose Income Taxes on Bitcoin Adopters
South Korea’s National Tax Service (NTS) is pressing ahead with a framework to enforce taxes on cryptocurrencies including bitcoin. Run ...
Coinbase Likely to Lose Battle to Protect Users from IRS Bitcoin Tax Probe
If you’re a long-time Coinbase user and have neglected to pay taxes on your bitcoin profits, you may soon find ...
We’re Looking ‘Very Carefully’ at Bitcoin: U.S. Treasury Sec. Mnuchin
U.S. Secretary of the Treasury Steven Mnuchin says that the federal government is concerned about the use of bitcoin in ...
Australia Passes Law to Officially Kill Double Bitcoin Tax
Come July 2018, Australia will (finally) remove the double taxation of transactions involving cryptocurrencies like bitcoin. Under current law mandated ...
As Bitcoin Price Hits Record Highs, Australia's Government Considers Digital Currencies and Tax Implications
As bitcoin's valued soared to record heights over the weekend, the Australian government heard evidence on digital currencies and its ...
Indian Tax Authorities See ‘Concerns’ in Bitcoin Trading, Investments
Tax authorities in India have expressed money laundering concerns with investments and trading of cryptocurrencies like bitcoin. As awareness and ...
Australia (Finally) Introduces Bill to Kill Double Taxation of Bitcoin
The Australian government has delivered on its longstanding promise to remove the double taxation of transactions involving cryptocurrencies like bitcoin. ...
U.S. Bill Would Ease Bitcoin Tax Regulations for Small Transactions
Two U.S. congressional representatives have introduced a bill that would reduce bitcoin tax reporting requirements. If the bill is signed ...
Bitcoin Gets a Tax Cut in Australia’s 2017 Budget
Australia’s 2017 federal budget is (finally) putting an end to the double taxation of digital currencies like bitcoin as a ...
Dow Futures Rage on '90% Complete' Trade Deal Hysteria Ahead of G20
Dow Jones futures launched a triple-digit rally in early trading on Wednesday as Treasury Secretary Steven Mnuchin said the China...
Read more
