Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations | Taxes Bitcoin News

The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on …

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Ernst & Young Launches Application to Help US Crypto Investors With Tax Filings | Taxes Bitcoin News

Ernst & Young (EY) has introduced a new application that helps U.S. cryptocurrency traders calculate and file their taxes with ease. The EY Cryptoprep app, …

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Poles Hit With Backdated Tax on Crypto Trades – Bitcoin News

Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) …

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Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File – Bitcoin News

According to personal finance firm Credit Karma Tax, filers who reported short-term capital losses for cryptocurrencies in the first month of 2019 jumped fivefold year-over-year. …

Data Shows Short-Term Crypto Tax Filers Increase, But Lots of Investors Still Won’t File – Bitcoin News Read More »

IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm – Bitcoin News

Taxes Node40, a developer of bitcoin tax-reporting software, expects the U.S. Internal Revenue Service (IRS) to receive a record number of cryptocurrency-related tax return claims …

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Governments Are Taking Wrong Approach to Cryptocurrency Taxation

Cryptocurrency, Taxes–Earlier today EWN reported on a development by several different countries, including Japan, to impose more severe regulations and protocols for catching so-called “cryptocurrency …

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