Tax
Illinois Has Been Quietly Considering Bitcoin for Tax Payments
Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency.
Germany Won't Tax You for Buying Coffee With Bitcoin
Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.
Coinbase Tells 13,000 Users It's Sending Their Data to the IRS
Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.
Georgia Becomes Latest State to Consider Bitcoin for Tax Payments
Two state senators in Georgia have proposed a new bill that would allow citizens to pay their tax obligations in bitcoin.
Israel Confirms It Will Tax Bitcoin as Property
Israel has confirmed that it will treat cryptocurrencies as taxable assets in a new circular published on Monday.
Crypto Is Now Fastest Growing Donation for Fidelity Charitable
Fidelity Charitable has revealed it received $69 million in crypto donations in 2017, making it the fastest-growing option accepted by the firm.
Arizona Law Would Define When ICOs Are Securities
Two new bills introduced to the Arizona legislature would create legal definitions for cryptocurrencies and blockchain if passed.
Icelandic Lawmaker Floats Bitcoin Mining Tax
An Icelandic lawmaker has suggested imposing a new tax on the bitcoin miners that are flocking to the country.
Arizona Moves One Step Closer to Accepting Bitcoin for Taxes
The Arizona Senate has cleared a bill that aims to allow residents in the state to pay their taxes with bitcoin and other cryptocurrencies.
India's Tax Department Is Sending Notices to Crypto Investors
The chairman of India's Central Board of Direct Tax says the agency is sending notices to crypto investors that haven't declared their gains.
