Taxes News

The Bulgarian National Revenue Agency has announced the launch of inspections of cryptocurrency-selling companies.

Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information from three domestic crypto exchanges.

South Korea’s government added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation.

The CEO of Circle says the biggest regulatory hurdle facing the industry today is the lack of clarity over crypto and securities laws.

Venezuelan government’s official newspaper has published a decree that allows the authorities to tax operations with cryptocurrency and foreign fiat.

U.S. retailer Overstock, headed by crypto enthusiast Patrick Byrne, to pay taxes in the state of Ohio using Bitcoin.

The Chilean Treasury has launched blockchain platform to connect taxpayers, public institutions and banks.

The South African government has reportedly established a crypto assets regulatory working group.

The United States government could regulate crypto assets and tokens differently than stocks and traditional assets.

An article from The Wall Street Journal has suggested investors should sell and then repurchase their Bitcoin (BTC) as a strategy to save on taxes.

French Parliament has rejected most of crypto-related amendments to the 2019 finance bill which were expected to ease taxation.

Cryptocurrency holders in the U.K. can now consult with official guidance on what tax they should be paying on their assets.

Tencent and the Shenzhen Municipal Taxation Bureau will launch a mobile payment platform for a taxation invoice system based on blockchain.

Danish authorities are going after those who traded Bitcoin for profit but did not yet declare the extra income.

Spanish ruling party Partido Popular will soon introduce a draft on cryptocurrencies and blockchain regulation to become a leading country in the industry.