Crypto taxes

169 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...

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 CryptoTapas.com

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 1 comment 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...

Crypto Tax regulations: South Korea plans to cut off 20% in the crypto gains.

20 Jan 2020 1 minute read 0 comments alberdioni8406

It's favourable for the Governments to adopt rules to tax crypto profits and benefit from the crypto market, Cryptocurrency is here to stay and no reason to ignore it.  Some Governments around the Globe, specially the ones who have intentions to ado...

Cryptocurrency taxes, the US case

19 Dec 2019 3 minute read 2 comments Roberto D.

Tax payment has always been a thorny issue when it comes to cryptocurrency trading; the reason, contrary to what the media coverage claims, is not that cryptocurrency traders are all evaders criminals who refuse to pay the tax due but, more simply, t...

Cryptocurrency and Taxation Policies: Decoding the Confusion

14 Dec 2019 3 minute read 2 comments MintDice.com

The popularity of Bitcoin and other cryptocurrencies are on the rise. With each passing day, more and more people are embracing the concept of digital coins, which is good for the overall growth of the cryptocurrency industry. However, wider adoption...