Tax


Finance

British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders

The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said.

pound, uk

Markets

Brazilian Tax Authorities Impose New Requirements on Crypto Trading

Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.

brazil-regulation-market-blockchain

Markets

Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

australia tax

Markets

What to Expect When the IRS Alters Its Bitcoin Tax Policy

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

tax

Markets

Japan's Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

BTC and yen

Markets

Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment

An Israeli court has ruled against an investor in declaring bitcoin is an asset and not a currency, and thus subject to capital gains tax.

Israeli shekel and bitcoin

Markets

Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks

U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.

Tom Emmer panel

Markets

US Income Tax Payers Can Now Get Refunds in Bitcoin

Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo.

Credit: Shutterstock

Markets

21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.

TomEmmer

Markets

EY Aims to Make It Easier to Calculate Crypto Taxes With New Tool

The professional services giant has launched a product to help clients automate their cryptocurrency accounting and tax calculations.

EY