Cryptocurrency Tax News
Australian Crypto Collateralized Loans Tax Questions Answered
What is a Crypto Collateralized loan? A crypto collaterized loan is a type of borrowing where you stake cryptocurrency as collateral to borr...
Biden’s New Crypto Tax Proposal For Businesses To Report Crypto Transactions Over $10k
On Thursday, U.S. President Joe Biden provided details on how the administration plans to generate an additional $700 billion USD in revenue...
Binance Crypto Exchange Under DOJ Investigation To Target Money Laundering And Tax Evasion
Operation “Hidden Treasure” was initiated by the Internal Revenue Service (IRS) and Department of Justice (DOJ) on Thursday in a...
Bitcoin Trading Tax In Hungary Drops 50% In 2022 COVID Program
Hungary has had a year rougher than most due to the ongoing pandemic. Looking for ways to attract capital in an effort to get back on their ...
Kraken Required To Provide Transactions Over $20,000 USD To The IRS
A Federal Court in Northern California has allowed the IRS to require Kraken to provide information on all users who made the equivalent of ...
Tax Time is Approaching as ATO Targets Aussie Crypto Investors
The Australian Tax Office (ATO) is sharpening its focus on cryptocurrency transactions as Tax deadlines are approaching. Attempting to stop ...
CoinTracking Adds Tax Support For Swyftx Traders
Users of Swyftx, one of the leading cryptocurrency trading platforms in Australia, can now benefit from a service to help them cut down on t...
ATO Sends Out Tax Reminders To Crypto Traders
Not too long ago, the ATO (Australian Tax Office) sent out emails to 350,000 cryptocurrency traders and investors reminding them that they m...
Australian SMSFs Turn Away from Cryptocurrency in Favor of Property Market
Australian self managed super funds have taken a step away from cryptocurrency investments over the last quarter, with property investments ...
Over 340,000 Australians Won’t Be Getting a Tax Refund — Including Aussie Crypto Traders
The Australian Taxation office has received over 1.7 individual tax returns in 2020, a 12 percent increase over last year. As online lodgeme...
Crypto Exchanges Provide ATO, US Secret Service With Trade Data & Analysis Tools
Cryptocurrency is widely touted as a pseudo-anonymous means of value transfer free from the restrictions of government bodies and related ov...