The Organization for Economic Cooperation and Development, or OECD, reported on Tuesday how automatic reporting in 2019 helped uncover $11 trillion worth of assets in …
Sun Sets on Offshore Banking as Assets Worth $11 Trillion Uncovered Read More »
The Swiss government is encouraging blockchain startups to set up shop with new laws that lower legal barriers to such businesses while leaving favorable tax …
Swiss Government Makes Moves to Encourage Crypto Businesses – CoinDesk Read More »
Switzerland’s existing tax law is applicable to developments in the blockchain industry, the Swiss Federal Council said. According to the federal authority, Switzerland does not …
Switzerland Won’t Amend Tax Law in Regard to Blockchain in Near Future Read More »
The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that …
South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth Read More »
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, …
Multinational professional services firm Ernst & Young have released a crypto tax app called EY CryptoPrep. It’s a fully automated, web-based Software as a Service …
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 …
The United States Tax Court has affirmed the IRS’ decision to deny a Maryland couple an installment plan. They state instead that the couple should …
US Tax Court Says You Should Sell Your Crypto Savings If You Owe IRS Read More »
The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17. …
South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency Read More »
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert …
