Tax

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What taxes do I pay on crypto?

8 Mar 2023 2 minute read 2 comments coinpassglobal

Trading, selling, or buying crypto in the UK may be a great way to make an additional income, but it is something you need to pay tax on. Not everyone who partakes in this work understands that they need to pay tax on cryptocurrency, and not paying t...

Why You Need to Find the Right Tax Advisor

21 Mar 2022 3 minute read 0 comments Krisz Rokk

Are you struggling to find the right tax advisor? You’ve worked with different accounting and tax advisors, you’ve outsourced this task to bring it back in-house again after being let down by different tax professionals and agencies and now you feel...

Can blockchain make tax collection easier and better

26 Dec 2022 2 minute read 1 comment Bala

I was wondering if we would be able to make our tax system better by any means. Maybe blockchain technology can be used to make things easier with tax collection. Along with tax collection, there can also be visibility created for the taxpayers. Even...

Japan Urges Young Adults to Drink More to Boost Economy

19 Aug 2022 1 minute read 2 comments AverageVancouverite

With tax revenue from alcohol shrinking from 5% of its total revenue in 1980 to about 1.7% in 2020, Japan's National Tax Agency has launched a national campaign to reverse the trend and boost the industry. In the latest campaign known as "Sake Viva!"...

Crypto taxation in Italy by 2023

6 Feb 2023 1 minute read 0 comments RudyF

A fiscal discipline applicable to crypto-assets is introduced. Cryptocurrency taxation in Italy from 2023 is first inserted in article 67, paragraph 1, Tuir, a new category of "other income" consisting of capital gains and other income generated thro...

Chinese Couple Arrested for Plotting "Mini-State" in Marshall Islands

11 Sep 2022 2 minute read 0 comments AverageVancouverite

50 year-old Cary Yan and his wife, 34 year-old Gina Zhou, were arrested and and are being charged by the United States Department of Justice for money laundering, foreign corruption, and for bribing officials in the Marshall Islands to attempt settin...

How to reduce crypto taxes in the UK?

31 Jan 2023 1 minute read 0 comments coinpassglobal

Cryptocurrency is a hot topic these days, and it is often the subject on everyone's lips, no matter their experience or interest in financial news. There is no escaping the impact that crypto gains have on the current market, with currencies such as...

Are crypto payments legal in the United States?

20 Dec 2022 3 minute read 1 comment NOWPayments

Accept cryptocurrency payments   The cryptocurrency market has been growing in popularity around the world for the past decade. Depending on where you are in the world, there are different laws and regulations that should be followed while dealin...

How to avoid cryptocurrency taxes in the UK?

24 Aug 2022 1 minute read 0 comments coinpassglobal

If you trade, buy, or sell crypto in the UK, then you will have to pay taxes. Not everyone who deals with this kind of digital asset understands that they have to pay crypto taxes, and this can get them in a lot of trouble with HRMC.   As with a...

Crypto Tax in 2022 and 2023

18 Aug 2022 1 minute read 0 comments coinpassglobal

If you bought, sold, or traded in cryptocurrency last year, you may have a rough and challenging experience this tax season.   Yes, Bitcoin, Ethereum, and other cryptos or digital currencies are taxable. The IRS (Internal Revenue Services) deems...