Latest Posts with Crypto taxes tag

Crypto taxes

81 Articles 1 Followers


Koinly Tax Exports

9 hours ago 1 minute read 0 comments Keegan Francis

This is a bonus newsletter containing exports from my Koinly account. I wanted to provide you with an expectation of what is in the reports so you can make a better judgement on whether or not you’d like to use a service like Koinly to automate your...

Paying Crypto Taxes (I Don't Want To But I Do It Anyway)

9 hours ago 1 minute read 2 comments Keegan Francis

3 Things are Certain in Life. Death; Taxes; and 21 Million Bitcoin. A situation I never want to find myself in, is going to jail for owning crypto. Thankfully I live in Canada, so hopefully the only way the government would do that to me, is if I f...

The Crypto Taxman Commeth: Incoming US Regulation

3 Aug 2021 2 minute read 5 comments Bread

The latest US Government Infrastructure Bill, apart from costing a ridiculous $1 trillion dollars that the government will have to borrow from the Federal Reserve (who prints it out of thin air as usual), contains some bad news for crypto. I know, yo...

Congratulations, you paid 21% sales tax purchasing Crypto and are now "safe" thanks to your government

27 Jul 2021 2 minute read 0 comments Kovichni

I was just charged 21%, yes, you read it right, 21% on my Crypto purchase in taxes on the additional service fee charge of almost 9 Euros. The service thing they've got going on is also percentage based, so just like the sales tax, the more you inves...

Paraguay rules opposite to El Salvador

20 Jul 2021 1 minute read 0 comments RFereru

Paraguay, which initially wants to follow in El Salvador's footsteps regarding the use of Bitcoin, has presented an initiative that seems to be quite different from what cryptocurrency users would have liked. The two important points are: 1. It is n...

Taxing "staking rewards" is brutal

12 Jul 2021 3 minute read 1 comment belemo

I understand the importance of tax, even though I don't entirely get the point of it when the government will just print money anyway, but I accept that we all could keep some part of our earnings to improve our society. However, I feel like sometime...

I Found an Impressive "Crypto For Beginners" Document

5 Jul 2021 1 minute read 1 comment Alonicus

I'm not usually a fan of HMRC (Her Majesty's Revenue and Customs - the UK tax authority). Much of their output is so unintelligible it might as well be written in Martian. But just occasionally, they write something in clear, comprehensible terms. Th...

US Congressman proves he has no idea what Crypto is

1 Jul 2021 2 minute read 6 comments Lukros76

As a lot of you may know, politicians tend to talk about crypto, as well as a lot of other things, without researching it or understanding how it works. We've all seen it once and here we have one more to add to that list, and man does this one take...

Do You Have To Pay Tax On Cryptocurrency In The UK?

11 Jun 2021 3 minute read 0 comments coinpassglobal

Can the people in the crypto space, especially in The United Kingdom, avoid paying taxes while buying, selling, and trading cryptocurrencies? According to a 2021 Survey by Finder, 19% of the British population have bought cryptocurrency before, equa...

The ProPublica Tax Leak and Your Crypto

10 Jun 2021 4 minute read 8 comments AlucardLife

ProPublica recently published a report of leaked records showing what everybody knew: The ultrarich in the United States pay no taxes. The reports they got were raw IRS records that proved beyond a shadow of a doubt that folks like Elon Musk, Jeff Be...