Tax

Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status

Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a…

Singapore Wants to Drop VAT for Transacting in Cryptocurrencies

Singapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax…

Bitcoin (BTC) Reject Lower Prices, IRS To Clarify On Basic Tax Issues

BTC bulls absorbing sell shocks IRS to clarify emerging concerns in their next update probably in Q3 2019 The IRS…

Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office (ATO) may soon crack down on major tax avoidance schemes using cryptocurrencies. According to a report…

What to Expect When the IRS Alters Its Bitcoin Tax Policy

The Takeaway Coming guidance from the IRS will address longstanding questions about the tax treatment of cryptocurrency. The tax collector…

Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce

Australia’s tax agency, the Australian Tax Office (ATO), is investigating 12 major international tax avoidance schemes, with a key focus…

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

Japanese tax authorities are planning to take action on the under-reporting of cryptocurrency-based profits. According to a report by The…

Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment

An Israeli court has ruled that bitcoin is an asset and not a currency, and thus subject to capital gains…

Israeli Court Rules Bitcoin Is an Asset

An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s…

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