Latest Posts with Tax tag

Tax

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Paying Taxes in Bitcoin and Ethereum Possible in Switzerland Canton of Zug from 2021

4 Sep 2020 1 minute read 51 comments Abhi K

Citizens and businesses in the Swiss canton of Zug will be able to pay taxes in Bitcoin (BTC) and Ethereum (ETH) from 2021, following a partnership between authorities and Zug-based crypto broker and custodian Bitcoin Suisse, according to a report pu...

Lower your taxes to have more to invest

27 Aug 2020 1 minute read 1 comment JeremiahW

People always say that they would invest more if they made more money. I reply that they would have more money to invest if they simply kept more of the money they made. Taxes is the single largest expense in a person's life and the vast majority of...

Blockchain can create a tax less economy

16 Aug 2020 2 minute read 0 comments Bala

Blockchain is already creating a revolution. There was recently some news about how blockchain technology is used to create an ID in South Korea. I guess they are the ones who use this technology to a greater extent. In other news, I also read that t...

Paying Tax on Cryptocurrency - Beginners Guide Down Under

16 Jul 2020 5 minute read 12 comments Bragato18

If you’ve recently started trading in cryptocurrencies, then you might not have even thought about how it will affect your tax obligations. I recently received a friendly email from the ATO advising that their records show I have previously disposed...

South Korea's New Tax Laws Could Bring Crypto Taxation to 20%

14 Jul 2020 1 minute read 0 comments Abhi K

On July 13, South Korea’s National Assembly proposed a bill that would impose 20% capital gains tax on cryptocurrencies, according to local media outlets. The law considers cryptocurrencies to be goods, as opposed to money. However, there are some nu...

Money

18 Jun 2020 4 minute read 1 comment Aliana

  “Permit me to issue and control the money of a nation, and I care not who makes its laws.” - Mayer Amschel Rothschild   A (very) brief & simple explanation of the monetary system   In 1910, the world’s financial elite secretly met on Jekyll Isla...

4 best cryptocurrency portfolio tools to use in 2020

18 May 2020 6 minute read 2 comments GoCryptoWise

Are you investing in Bitcoin, and/or other cryptocurrencies like Ethereum, Ripple, Tezos, etc? Do you want to keep track of the value of your cryptocurrency holdings? Would you like to get notified when a cryptocurrency is dropping in price and/or i...

How to Do Your Own Taxes — A FreeTaxUSA Review

2 Apr 2020 2 minute read 0 comments The Budget Engineer

Have you ever thought about doing your own taxes? If so, you’ve come to the right place. I’m a do-it-yourselfer that wanted to learn more about my finances. Filing my tax return seemed like the perfect mission! I spend hours each week studying how to...

Turmoil in the market and how you can benefit from it

4 Mar 2020 1 minute read 0 comments The Finance Hacker

Intro Given the current state of the market and the wild swings between negative and positive I thought I'd write a short post on how this can benefit folks.   Capital Loss When you sell stocks that have lost money since you purchased them you incur...

Bitcoin and taxation in Italy: let's clarify

28 Feb 2020 4 minute read 0 comments CryptoSlashers

Bitcoin 2020 taxation: should cryptocurrencies and bitcoins be declared? Do I have to pay taxes on bitcoin capital gains?   Bitcoin taxation for businesses Let's start by saying that for companies Bitcoins must be considered as foreign currency. So a...