Tax

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Accounts Belonging to Peter Schiff's Bank Under Investigation for Tax Evasion

19 Oct 2020 1 minute read 6 comments Abhimanyu Krishnan

According to a report from Australian media outlet The Age published on October 18, authorities are investigating bank accounts belonging to Peter Schiff-founded Euro Pacific Bank. Several governments have issued subpoenas allegedly related to tax e...

Crypto Pension, with 20% free Government top up

5 Oct 2020 2 minute read 0 comments Nevsie

Here in the UK, the government wants you to save your own pension and not be reliant on the state pension. This is being enforced by them making the state pension access age later and later. What used to be awarded in your very early 60's has slowly...

Good economy model and taxation of Thailand.

1 Oct 2020 2 minute read 0 comments Snow Under Sun

- The annual income of the company / factory employees up to 150,000 baht (4750 $) is exempt from tax. Income between 150,000-300,000 5% tax. That is, an income tax of 10,000 baht (315 $) per year is deducted from the salary of a Thai employee whose...

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

4 Sep 2020 1 minute read 52 comments Abhimanyu Krishnan

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 B18

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 Abhimanyu Krishnan

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...