South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time – Taxes Bitcoin News

According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and …

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India Considers 18% GST on Bitcoin Transactions | Taxes Bitcoin News

The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, …

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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt | Taxes Bitcoin News

The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million …

IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt | Taxes Bitcoin News Read More »

Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide | Taxes Bitcoin News

Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most …

Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide | Taxes Bitcoin News Read More »

South Korea to Start Taxing Bitcoin Profits in 2021 | Taxes Bitcoin News

South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to …

South Korea to Start Taxing Bitcoin Profits in 2021 | Taxes Bitcoin News Read More »

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