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Starting August 1, 2017, Delaware is to become the first state that will allow companies to start issuing and tracking shares on a distributed ledger or a blockchain.
The US Congress recently requested additional guidance from the Internal Revenue Service (IRS) on the tax regulations of cryptocurrencies such as Bitcoin.
On June 5, the Nevada State Legislature made it the first US state who approved a bill that will block local government entities from taxing Blockchain transactions.
Bitcoin earnings are taxable in South Africa. When trading, the exchange suggested users to consult registered tax professionals to ensure that they are compliant to South African regulations.
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST).
Japan sets out guidelines to the host of new exchanges looking to operate in the country.
Recommendations by a committee set up recently to look into digital currencies in India may come out in May, and it could be positive.
With the Trump effect and the promise of lower corporation tax we are likely to see a resurgence of moving jobs back onshore.
Expert wants Bitcoin encrypted for investors in AML/KYC startups to lose their investments.
Russia’s Federal Tax Service officially stated that there is no legal prohibition to cryptocurrencies. Bitcoin and Blockchain entrepreneurs in Russia can heave a sigh of relief.
Perry Woodin, CEO of Dash masternode provider Node40,on how tax evasion issues could affect any exchange operating in the US, following IRS taking on Coinbase.
There has been growing controversy over new cryptocurrency Zcash since the tweet by Edward Snowden suggested that it will encourage tax protests.
Jeff Berwick, has urged people to create systems to rule ourselves and stop using government money, using Bitcoin instead.
Owner of Bitcoin.com Roger Ver on the US government’s renewed commitment to tax Bitcoin transactions.
The US Treasury Inspector General for Tax Administration requested the IRS to provide guidance for tax treatments of digital currencies.
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