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Crypto taxes

131 Articles 2 Followers

South Korea to start taxing profits on cryptocurrencies?

1 Jun 2020 1 minute read 0 comments Panzer

As already in many countries a tax on cryptocurrencies might soon be a reality in South Korea.  The taxation will apply not only to profits made from trading but also to bitcoin mining operations and income from initial coin offerings.  But the new l...

Reduce your crypto tax using this method

31 May 2020 2 minute read 1 comment Cryptohem

In this era cryprocurrency has been start recognising as our wealth asset hence it has become laible to pay tax from the profit we get by investing in different platform. Lately this week many countries are also adopting different law against the use...

South korea to charge tax against cryptocurrency

29 May 2020 1 minute read 0 comments Cryptohem

A news came up lately this afternoon regarding tax levie on crypto asset. In the new South Korea will start charging tax from crypto profit as per their income tax rule. On the other side this can be considered as good new because this steps can be t...

Best crypto friendly countries to start crypto business

29 May 2020 2 minute read 2 comments Cryptohem

The criteria for a country to be consider as a crypto friendly  depends on the amount of tax they payed to the government.Just like in fiat currency virtual currency holders also pay taxes according to the profit they made. The rate of tax payment va...

Taxes: Crypto Goes Legal

25 May 2020 2 minute read 9 comments NOWPayments

New Rules Cryptocurrency taxations’ matter puzzles owners of coins worldwide. When did crypto become legal? Do we need to pay for all the operations or there are some exceptions? If you keep these questions in mind, NOWPayments has prepared for you...

Keeping track of crypto portofolio with Accointing

21 May 2020 3 minute read 2 comments SaltwaterC

If you only have one type of crypto and keep it in only one place without barely doing any transactions, then this article won't help that much. Otherwise, I have found that it was getting increasingly difficult to keep track of my portfolio. Besides...

Tracking own crypto portfolio with cointracking

21 Mar 2020 1 minute read 0 comments Crypto Rookie

disclaimer This is not a tax consultation. A final decision and conduct must be made with a tax advisor.   Dashboard In CoinTracking there are two main ways you can use it. First of all is this a portfolio tracker for all your coins. Further this p...

IRS exempts Fortnite's in-game virtual currency from taxes, calls it an ERROR

14 Feb 2020 1 minute read 0 comments

IRS has quietly deleted the 'inclusion of in-game virtual currency' from the purview of taxes.   "It was corrected and that was done quickly — as soon as it was brought to our attention," Desmond said, according to Bloomberg's report. According to th...

South Korea evaluates the possibility of taxing cryptocurrencies with a fixed rate of 20%

21 Jan 2020 2 minute read 0 comments Roberto D.

This was reported by the news site The Korea Times, with an article published today; According to reports from the local information body in English, therefore, the Ministry of Economy and Finance of South Korea is considering the possibility of impo...

New Hampshire withdraws the bill that would allow bitcoin taxes to be paid to taxpayers residing in the state

21 Jan 2020 1 minute read 0 comments Roberto D.

The decision came on January 8th, the New Hampshire House of Representatives decided to withdraw the bill that would allow taxpayers to pay taxes in bitcoin; a proposal by the executive committee, which deemed this eventuality as inappropriate due to...