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Tax
US Lawmakers Reintroduce Bill to Provide Tax Relief for Small Crypto Transactions
The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax
Both federal and state tax refunds can both be converted automatically into cryptocurrency.
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The IRS currently taxes cryptocurrencies generated through staking as income,
UK Tax Regulator Updates Guidance on Staking and DeFi Lending
How proceeds from lending or staking are taxed depends on the nature of the returns, which could be hard to determine, UK's tax agency says.
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
Finance Minister Nirmala Sitharaman noted the moves during the country's annual budget speech to Parliament.
India's Crypto Industry Awaits New Budget
The challenge of regulating cryptocurrencies may mean the industry won't even be mentioned in the budget speech on Feb. 1.
What to Know About Tax Benefits of Crypto Donations
Thinking about donating cryptocurrency to charity? Pat Duffy, co-founder of The Giving Block, a platform for nonprofits to accept crypto, and Jason Watters, CFO of Give Directly, a nonprofit that lets donors send money directly to the world's poorest households, share insights into the tax benefits of charitable giving with crypto.
Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network
The network will let all customers of participant businesses access free tax filing tools.
