Tax


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New IRS Warning Letters Target Crypto Investors Who Misreported Trades

The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions.

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New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto

New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.

New Zealand tax form

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IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance

Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect.

calculator

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North Carolina Congressman Reintroduces Crypto Tax Bill

Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code

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Финансы

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

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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.

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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

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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.

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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

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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