crypto tax

CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De has the latest on the infrastructure bill awaiting a vote in the House. As Nik reports, lawmakers are still trying to amend the controversial crypto provision in the bill even though it doesn’t seem likely they will succeed.

Aug 24, 2021

TaxBit, a crypto tax software provider for IRS and various institutional clients, raised $130 million in a Series B funding round that valued the startup at $1.33 billion.

Aug 18, 2021

Relocating to Puerto Rico to avoid taxes is simpatico to crypto’s goals. Both are attempts to outrun the state and build an alternative system. “The Hash” panel discusses their take on the wave of wealthy crypto adopters moving to “tax haven” Puerto Rico as they look to take advantage of the island’s generous incentives.

Aug 12, 2021

Sen. Cynthia Lummis (R-Wyo.) discusses the compromise amendment to a contentious crypto provision in the $1 trillion infrastructure bill she presents on the Senate floor Monday afternoon. “What we tried to do with this amendment is to remove some of the unintended consequences of the definition of “broker,” Lummis said.

Aug 9, 2021

CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses the latest developments to the $1 trillion bipartisan infrastructure bill, including Senator Rob Portman (R-Ohio) defending the controversial crypto provision currently being debated in the Senate. Plus, Nik's thoughts on notable takeaways from SEC Chair Gary Gensler's remarks Tuesday to the Aspen Institute's forum on security.

Aug 4, 2021

“The Hash” panel digs into the updated draft language of the U.S. Senate’s $1 trillion bipartisan infrastructure bill, which narrows the definition of “broker” for crypto tax collection purposes. “The repercussions could be disastrous,” host Naomi Brockwell said, should the legislation be formally introduced.

Aug 2, 2021

The Senate will vote Friday to move ahead with a $1 trillion bipartisan infrastructure bill which includes a plan to raise $28 billion ​from collecting a tax on crypto transactions over $10,000. “The Hash” hosts discuss the potential impact and implications.

Jul 30, 2021

In its 2021 draft of the 1040 Individual Income Tax Return form, the U.S. Internal Revenue Service (IRS) has more clearly stated how crypto assets should be taxed than 2020. “The Hash” hosts discuss the possible impact of IRS’ efforts to tackle crypto tax evasion.

Jul 23, 2021

Katie Ananina is the founder of Plan B Passport, a business that works primarily with Bitcoiners to obtain legal residency status in their choice of six tax-haven nations. She discusses how her company could potentially help people avoid paying crypto taxes.

Jul 15, 2021

The Internal Revenue Service has requested $32 million in funding to enforce crypto taxation and wants to hire specialized blockchain analytics contractors. This comes on the heels of a ProPublica report which revealed many of the wealthiest people in the world only paid little in income tax. "The Hash" panel digs into the world of tax and crypto.

Jun 9, 2021