Tax

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Tax season is upon us - don't forget about the FinCen FBAR!

15 Feb 2020 4 minute read 1 comment monkeybusiness

To start, let me disclose that I am not a financial advisor, tax advisor, or an accountant.  I am just a regular guy working an 8 to 5 job that also likes to trade cryptocurrencies on the side while staying on the right side of the law. The law, the...

Cryptocurrency & Tax Law in the United States

2 Feb 2020 7 minute read 0 comments Coastline17

Cryptocurrency & Tax Law in the United States When Bitcoin first emerged almost 11 years ago, there were people who thought it was just a phase that wasn’t going to stick. Some made a lot of money, while the skeptics remained doubting, waiting for th...

Taxation of Cryptocurrencies in Portugal

26 Jan 2020 1 minute read 0 comments portugal

Taxpayers who work with bitcoins have to pay taxes. But if the use of cryptocurrency doesn't involve a professional activity, it is exempt from taxation. Bitcoin, whose popularity has grown around the world, was the currency that most valued in 2016...

New Hampshire withdraws the bill that would allow bitcoin taxes to be paid to taxpayers residing in the state

21 Jan 2020 1 minute read 1 comment Roberto D.

The decision came on January 8th, the New Hampshire House of Representatives decided to withdraw the bill that would allow taxpayers to pay taxes in bitcoin; a proposal by the executive committee, which deemed this eventuality as inappropriate due to...

Cryptocurrency and Taxation Policies: Decoding the Confusion

14 Dec 2019 3 minute read 2 comments MintDice.com

The popularity of Bitcoin and other cryptocurrencies are on the rise. With each passing day, more and more people are embracing the concept of digital coins, which is good for the overall growth of the cryptocurrency industry. However, wider adoption...

What exactly does the IRS’ new crypto guidance mean?

25 Nov 2019 4 minute read 6 comments Robin Singh

What exactly does the IRS’ new crypto guidance mean?  Earlier this month, the Internal Revenue Service (IRS) released new tax guidance that expands upon its previous 2014 notice. This fresh update brings us new details on hard forks, among other thin...

The Queen rules out crypto as currency !

15 Nov 2019 2 minute read 0 comments Kirito89

Only a few weeks after the U.S. Internal Revenue Service published their new guidance for crypto taxation , the U.K.'s tax , payments and customs authority , Her Majesty's Revenue and Customs , has updated it's crypto taxation policy for individuals...

The IRS Is Coming For You... Switch To Privacy Coins Before It's Too Late!!

9 Oct 2019 2 minute read 5 comments SwapTok.com

When will the theft-by-taxation of the U.S. government ever end? Apparently,  not anytime soon, according to today's new guidance released by the IRS. The notice released today October 9, 2019 adds to Notice 2014-21, which sets "general principles of...

New Zealand Inland Revenue Department Now Allows Wages to be Paid in Crypto

13 Aug 2019 1 minute read 3 comments BlockchainSEO

This is for all the Publish0x New Zealanders out there! In a monumental step for cryptocurrency mainstream adoption, the New Zealand tax office (Inland Revenue Department (IRD)) recently legalized the payment of salaries and bonuses in cryptocurrency...

The Perfect Bitcoin Market Storm? follow the WHALES and WOLVES

6 Aug 2019 7 minute read 1 comment Thunderboltkid

And Bitcoin is going along for the ride..., likely IMO to US $15K before 'Turkey Time", coming the US citizen's way in late November, that is if the past two weeks of steady volume buy INTO Bitcoin by the Whales and Wolves growth continues. TK note -...