Receive all Cointelegraph news immediately in Telegram.
At a hearing in Washington DC, Coinbase’s Chief Legal and Risk Officer claimed that the current regulatory system ‘is harming healthy innovation’ of crypto.
After successful ICO, you have a significant enterprise to protect, demanding stakeholders to satisfy, and a challenging product roadmap to deliver on.
Crypto exchange and wallet Coinbase is starting its own four-coin index fund, open to all U.S. residents that are also accredited investors.
Fake documents or lies can make taxpayers’ problems, that were likely manageable, much worse.
The Belgian tax authority has said it will begin looking for Belgian tax payers that use foreign crypto exchanges to enforce their tax obligations.
The Australian Tax Office is going to take strong action this year to find those who evaded taxes on their cryptocurrency transactions.
IRS marks cryptocurrency as property, it might prompt you to consider the concept of ownership.
In ongoing legal battle, Coinbase has officially informed around 13K customers that the company will hand over personal data to the IRS regarding their accounts...
You can give cryptocurrency as a gift and it doesn’t trigger income taxes. But the IRS is unlikely to be persuaded unless you document it.
According to а US tax filing service, only 100 out of 250,000 tax filers this season to date have reported cryptocurrency gains or losses to the IRS.
Every time you transfer crypto into fiat, you might trigger gain or loss.
The IRS has formed a 10-person team to work with international crime agencies to track down people who have been evading taxes on their cryptocurrency profits.
Just like regulators are starting to take action, the tax man is catching up to the crypto world.
Although there is not yet an IRS amnesty for Bitcoin and other cryptocurrency taxpayers, there still is one for offshore accounts.
New Year Special
Cryptocurrencies as property, interest for crypto loans and more from our expert tax lawyer.
For updates and exclusive offers, enter your e-mail below.
Thank you for contacting us! We will reply to you as soon as possible.
Thank you for your interest in our franchise program.
We are considering your request and will contact you in due course. If you have any further queries, please contact: