Cryptocurrency Tax news articles
Detroit to Accept Crypto for Tax Payments, Becoming Largest US City to Adopt Digital Currency
The adoption of crypto continues to accelerate. With the Spot Bitcoin and Ethereum exchange-traded funds (ETFs) approved and trading – and...
Study Finds 1.5 million Australian Crypto Owners Confused Over Tax Time
They say only two things in life are certain: death and taxes, or at least that’s what Benjamin Franklin wrote in a letter to Jean-Baptist...
UAE Scraps Value Added Tax (VAT) for Crypto Transfers
The United Arab Emirates continues cementing itself as a crypto hub in the Middle East after approving legislation that will remove Value Ad...
Anonymised Survey Shows 61% of Aussie Crypto Investors Declared a Net Gain for FY2024
The crypto market may be in a somewhat boring phase right now, with most major digital assets trading sideways, but crypto as a topic is gai...
US Group Proposes Tax-Free Bitcoin Zone to Boost Digital Economy
A policy group calling itself USABTC has proposed the creation of a special tax-free digital economic zone (DEZ) in the US, intended to enco...
ATO Cracks Down: Crypto Profits Under Scrutiny as Aussies Lodge Tax Returns
Uh Oh… It’s tax time in Australia. For some, negotiating this timeframe is as simple as logging into an online portal and claiming thous...
South Korea Experiences Surge of AI Token Trading, Covering Almost Fifth of Market
The Asian Pacific market is experiencing a renaissance in crypto activity. We’ve recently seen Hong Kong legislate crypto ETFs, while Sing...
ATO Targets 1.2 Million Crypto Accounts in Major Crackdown on Tax Obligation Awareness
Beware, Australian crypto investors—the ATO has you in their sights! According to a report from the Australian Financial Review, the...
ATO Strengthens Collaboration with Indonesia with New Crypto Tax Information Sharing Agreement
Going forward, Australia and Indonesia will be able to better coordinate and collaborate around crypto tax compliance via improved data and ...
IMF Demands $3,000,000,000 Bailout Debt From Pakistan Through New Crypto Taxes: Report
The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their gains...
Australia 2022 Budget Continues Capital Gains Tax on Crypto Assets
Capital gains tax will continue to apply to Aussie’s crypto investments, as confirmed by an explicit mention of digital currencies in the ...
Northern Territory Moves to Regulate Crypto Gambling
Cryptocurrency is about to join crocs and Kakadu as one of the three defining features of Australia’s Northern Territory, with plans a...