Crypto taxes

154 Articles 2 Followers


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...

The ProPublica Tax Leak and Your Crypto

10 Jun 2021 4 minute read 8 comments benn0xake

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...

How your cryptocurrency is taxed when you die

6 Jun 2021 1 minute read 1 comment mxrs

You know the saying, there’s only two things guaranteed in life: death and taxes. So when you die, what happens to your cryptocurrency?  For those who have planned ahead, someone will inherit those assets and have all the codes and keys necessary to...

Koinly for crypto taxes.

4 Jun 2021 1 minute read 2 comments edexter

Certainly the wiretaps are out there hoping to steal money and then black mail you.  Even cops could be eyeing your money with envy if they have a wiretap on your Email and your transactions are coming through.  I would be more worried about them the...

Crypto for Newbies: Part 6 - Tax For Australian Crypto Investors

2 Jun 2021 5 minute read 0 comments FrMkII

This is a series of guides for crypto newbies, with a focus on investing in Australia, although a lot of the advice will be suitable for a global audience.  This is a guide from the point of view of people new to the space, without in depth knowledge...

Bitcoin: Revolution For Pansies

22 May 2021 1 minute read 0 comments howardroark

Samuel Adams was the founder of "The Sons of Liberty". Those guys who dressed as indians (politically incorrect) and threw tea into the Boston Harbor. He was outspoken against British Taxation. He was essentially a terrorist.  All this put his life a...

US Government admits that crypto is here to stay

20 May 2021 1 minute read 0 comments Lukros76

So the president of the US, Joseph Robinette Biden, proposed a tax for crypto transactions and businesses to have to report transactions larger than 10,000$ to the IRS, whatever that is. Essentially they are now making it easier for the IRS to tax pe...