Crypto taxes

154 Articles 2 Followers

The Move #3: Comparing Crypto Tax Accounting platforms (Cointracking vs Rotki)

25 Sep 2021 6 minute read 0 comments bengy

    Unsplash   This is my little series on the big move back to Australia. Perhaps I will look back in the future and laugh... or cry!Part 1: Finding a Moving CompanyPast 2: A Slight Travel Panic Ah, moving back to Australia has some benefits...

8 Ways to Reduce Your 2021 Crypto Tax Bills

18 Sep 2021 4 minute read 0 comments Ishaan Goyal

Introduction If you are currently a crypto owner or have been holding crypto assets for a few years now, or if you are just joining the crypto trading revolution, either way, you are liable to pay tax on all 2021 cryptocurrency transactions. Nobody l...

Well, there it is; DNB concludes Binance is "illegally" operating in the Netherlands

18 Aug 2021 1 minute read 1 comment Kovichni

Seems we are starting to get our answers regarding Binance and their long-term suspension of Euro SWIFT and Dutch direct banking deposits

Taxable Event does NOT always mean Pay More Taxes [US]

17 Aug 2021 1 minute read 0 comments Crypto Wombat

I see a common misconception in the crypto space when people start learning about crypto taxes that they think every time they make a trade, swap, or sell they are losing more and more money to taxes the more they move money. This is not always the c...

LOL Socios/Chiliz also charge you a 21% tax on BLOCKCHAIN TRANSFERS, and still no Euro banking deposits available on Binance

14 Aug 2021 1 minute read 0 comments Kovichni

Remember a few weeks ago when I shared a rather unfortunate choice in making a CHZ purchase directly on Socios to trade for the (not so) soon to be arriving Inter token?

Crypto Taxation - Assault on our freedom !!!

5 Aug 2021 1 minute read 0 comments coinsurprise

I can not talk about the US government's proposed legislation for crypto taxation, without also calling it out for what it is: An assault on our freedom.  It has been famously said that Freedom is a wonderful thing and it is only ever one generation...

Koinly Tax Exports

3 Aug 2021 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)

3 Aug 2021 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...