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Crypto taxes

131 Articles 2 Followers

Cryptocurrency taxes strategy - Deferring taxes and putting them to work for you

20 Dec 2020 2 minute read 1 comment Behiver

Paying taxes upon the cryptocurrency profits is a subject of high importance that evens the Bitcoin all time high reached these days. We want it or not, regardless of the country we are living in, taxes are a pain in the ass and we all need to g...

How to Manage Taxes for Bitcoin (US Edition)

15 Dec 2020 3 minute read 0 comments BitcoinPoliticalEnthusiast

This article was originally published in the Blockonomics Blog. You can view it in its natural habitat here. It really is true, there are only two constants in the universe — death and taxes. Unfortunately, not even bitcoin can escape taxes. Gov...

Cryptocurrency Taxation – A Bit Brain Guide

8 Dec 2020 6 minute read 4 comments Bit Brain

If you’re worried about the taxes which you need to pay on your crypto trades, Defi earnings, staked coin dividends etc, then my question to you is:“Why on Earth does your government know what you’re doing with your crypto?”You’re doing it wrong; tha...

Crypto Taxes Canada 2020 (Capital Gains VS Business Income)

3 Dec 2020 1 minute read 6 comments cryptoforcanadians

As we're finishing 2020, some of you may already be thinking about the taxes that you'll need to pay on your gains come next year. Having said that, here's a quick post on how your crypto gains may be calculated in Canada. I do want to say though tha...

Taxes and New Economic Measures.

2 Dec 2020 1 minute read 0 comments Juan Molina

Source On November 25, 2020, the Vice President of Venezuela announced a set of economic measures that seek to strengthen the national currency, El Bolivar (Bs). These measures, which I will describe below, have a tax and authoritarian origin, so in...

Discussion on application of cryptocurrency taxation from January 2022

29 Nov 2020 1 minute read 0 comments Md Habibur Rahman

The National Assembly's Planning and Finance Committee's Tax Assistance Committee discussed how to tax cryptocurrency taxation scheduled for October next year from January 2022, which was extended by three months to build the taxation infrastructure...

Square Buys Credit Karma's Tax Service for Cash App Integration

26 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Payments firm Square will buy Credit Karma’s tax application for $50 million, according to a press release issued on Nov. 25. Square will buy the self-reporting tax filing service Credit Karma Tax on behalf of its Cash App The service will be made a...

Are bitcoin profits taxable in the UK?

24 Nov 2020 2 minute read 0 comments coinpass Global

The HMRC states that tax on the capital gains and profits on assets must be filled on your yearly personal and business tax return. This means that when you’ve made a profit on paintings, property, cars, jewellery and collectibles. There are some ex...

TAXES for those who have digital currencies!!!!

18 Nov 2020 1 minute read 0 comments MISSSUAREZ

The Executive led by Pedro Sánchez approved a new bill that seeks to fight against tax fraud. This project will replace the one already proposed just two years ago when Sánchez was already in Moncloa. On this occasion, the measure wants to target cry...

IRS States that Just Holding Crypto Won’t Need Disclosure in Tax Form

27 Oct 2020 1 minute read 16 comments Abhimanyu Krishnan

The United States Internal Revenue Service (IRS) has clarified that those who have only held crypto assets in 2020 need not answer yes to the question of whether they have received any financial interest via cryptocurrencies. The IRS issued the clari...