Taxation
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Cryptocurrency
Court victory precedent: IRS may not tax staking rewards until sold
A Nashville couple’s lawsuit over taxes they paid on unclaimed and unsold Tezos staking rewards is coming to an end…
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Cryptocurrency
Crypto taxation could deter investors, says Thai ruling party MP
Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of…
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Cryptocurrency
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax…
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Cryptocurrency
Crypto tax 'a top enforcement priority,' reminds IRS commissioner
The Internal Revenue Service (IRS) continues to propose new tax reforms to regulate the crypto investments in the United States,…
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Cryptocurrency
India’s Income Tax Department may soon target crypto trades and ecosystem
As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should…
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Cryptocurrency
Slovenian finance authority proposes 10% tax on crypto income
According to local media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10%…
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Cryptocurrency
Tennessee city wants to accept property tax payments in Bitcoin
United States’ city of Jackson, Tennessee, continues exploring a potential dive into cryptocurrencies, now looking to accept Bitcoin (BTC) for…
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Cryptocurrency
Seoul government seizes $22M worth of crypto from tax evaders
The city government of South Korea’s capital Seoul has announced the seizure of cryptocurrencies worth 25 billion won ($22 million)…
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Cryptocurrency
How the IRS tracks down people who don’t report their crypto
Crypto income taxation is a murky arena at present. It would seem that even the U.S. Internal Revenue Service, or…
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Cryptocurrency
Tax professional explains the most important thing for US crypto holders
Wendy Walker, solution principal at the tax compliance company Sovos, described reporting as the most important aspect of tax filing…
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