Crypto tax regimes have generally drawn criticism from South Korean crypto enthusiasts who believe the imposed taxes are heavier on cryptocurrency trading when compared with...
The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Bitcoin Suisse, a local crypto...
According to Bitcoin Suisse, this week (Feb 15 – 19), the Swiss Canton of Zug will start accepting cryptocurrencies bitcoin (BTC) and ethereum (ETH) for...
As cryptocurrency is gradually gaining recognition globally, authorities worldwide are putting some restrictive measures in their respective region. Local Media reported last week that the...
What is virtual currency? Sounds fake doesn’t it? Actually, it is a recent invention. Instead of “virtual dollars” that you have been using with your...
HMRC, formally known as Her Majesty’s Revenue and Customs, offers help to millions of Britons with taxes each year. However, there may be some circumstances...
The U.S. Internal Revenue Service (IRS) has updated its instructions for disclosing crypto activities. The update provides clarification on who must answer “yes” to the...
Cryptocurrency investments are subject to reporting and taxes on any investment gains just like other investment income is taxed. As a result of the … Visit...
India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central...
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross...