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Crypto Taxes
Sen. Portman Announces Support for Narrowed Crypto Tax Rule
Sen. Rob Portman is believed to have authored the original crypto tax reporting provision with support from the Biden administration.
Crypto Tax Proposal in US Has Had Limited Impact on Bitcoin Market
Enactment of the bill, if it is passed and signed into law, is still far off.
Senator Toomey Calls Text of Current Crypto Tax Proposal ‘Unworkable’
The Pennsylvania Republican said the definition of a broker is too broad and would affect bitcoin miners, which should be exempt.
Market Wrap: Bitcoin Underperforms Ether; Crypto Tax Ahead?
Bitcoin dipped below $40K as traders digest proposed crypto taxes.
India's Crypto Investors Could Face 2% Levy on Purchases From Overseas Exchanges
It may be difficult for the government to impose the levy in the absence of a regulatory framework for the treatment of crypto assets.
Emmer, Congressional Blockchain Group Ask IRS to Revise Guidance on Charitable Crypto Donations
The lawmakers say the amount of a donation should depend on free market value, not an appraiser’s determination.
Australian Tax Office Warns Investors to Report Crypto Gains and Losses
The ATO will inform around 100,000 crypto investors to review their previous years' returns and ensure they're correct.
Coinbase CEO Armstrong Lobbies US Lawmakers as Crypto Scrutiny Ramps Up
Armstrong said he visited Capitol Hill to network and help answer questions about crypto.
Argentina’s Tax Authority Orders Crypto Exchanges to File Information on Transactions: Report
Crypto adoption has been healthy in Argentina, with citizens seeking alternative ways of storing wealth amid the country’s economic woes.
IRS Will Seize Crypto Assets on Failure to Pay US Taxes: Official
Crypto is treated by the IRS as property for U.S. tax purposes and can be seized in the same way, an official said.
