taxes


Markets

Crypto.com Launches Tool to Simplify Crypto Taxes

The tax calculator is launching in Canada, but will later see a wider rollout.

calculator

Policy

India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report

A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.

Rupees being counted

Markets

Bitcoin ‘Underperforms’ During Tax Time: Analysis

Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills.

1040Mosh4

Finance

PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit

PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.

paypal, venmo, hq

Policy

South Korea's 20% Crypto Tax Still on Track for 2022: Report

South Korea’s Ministry of Economy and Finance said Wednesday it has finalized a legal amendment relating to cryptocurrency taxes.

South Korean National Assembly building

Markets

Israelis Must Now Disclose Crypto Holdings: Report

Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes.

Legal israel

Markets

Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS

Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.

IRSMosh2

Markets

IRS Again Warns Crypto Investors They Under-Reported Gains

For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But it may be a false alarm again.

MOSHED-2020-7-13-19-5-50

Policy

PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers

PayPal opening its network to cryptocurrencies could create a serious tax headache for users.

taxesss

Finance

Coinbase Reportedly Warns Some UK Users It's Handing Their Details to the Taxman

U.K. users of the exchange who have received £5,000 or more in the past tax year will have their information passed to the tax authority.

HMRC_Self_Assessment_tax_return