The New York State Department of Taxation and Finance has stated that transactions made with cryptocurrencies are not subject to sales taxes.
Nigeria’s government is advancing plans to incorporate cryptocurrency transactions into its tax framework, with lawmakers reviewing legislation expected to pass in early 2025.
It takes a genuine accounting guru to understand how the new system functions, but you can cut the long story short by using one of many apps or platforms developed to calculate crypto taxes. In this article, we will show you the seven best options.
Overstock will use Bitcoin to cover its Ohio commercial activity taxes in February 2019, using the recently launched cryptocurrency taxpayer platform, OhioCrypto.com.
A member of the British Parliament has voiced an idea to allow UK residents to pay their local taxes and utility bills using Bitcoin.
Forex is the largest financial market in the world. It offers liquidity and flexibility for traders, since it’s open 24/7 worldwide.
Though the U.S. tax day is getting closer and closer, it seems that Americans are not in a hurry to report their cryptocurrency holdings.
Taxes procedures for digital currencies can be not an easy deal. Nevertheless, Coinbase has found a solution for its customers – a new tax calculator.
Israel is becoming ingrained more and more deeply into crypto ecosystem. Cryptos will be subject to the capital gains tax, decides the Tax Authority.
Although the number of people reporting their crypto investments is low fat the moment, it is expected to grow as the final date of filing comes closer.
The Swiss municipality of Chiasso will accept tax payments in bitcoin starting from the beginning of 2018 in an attempt to make Switzerland a global hub for financial technologies and cryptocurrency start-ups and a world leader in bitcoin adoption.
A software tool helps the IRS identify people who hide their wealth, making some bitcoin owners uneasy as they lose their anonymity.
New Hampshire seeks to become the American Bitcoin capital by introducing a bill requiring to accept bitcoin as payment for taxes and fees.
Living Room of Satoshi has recently reopened for business after closing for two months due to introduced unfavourable tax laws.
Problems of digital currency taxation, following IRS’s decision to treat it as property.