Category: Taxes

US Crypto Investors Incurred $5.7 Billion in Unrealized Losses Last Year

The results of a survey published by Credit Karma estimate that crypto investors in the U.S. realized losses of approximately…

Chilean Taxpayers Must Report Cryptocurrency Profits to Chilean IRS: Local Media

Chilean taxpayers must report their cryptocurrency profits to the Chilean Internal Revenue Service (SII), Spanish crypto media Diario Bitcoin reports…

Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019

Chile is to start taxing cryptocurrencies in April, when taxpayers pay their yearly income taxes, but it’s unclear at what…

American Companies Can Now Settle Payroll Taxes In Cryptocurrency via Bitwage

International cryptocurrency payroll service provider Bitwage has announced that it has partnered with Texas-based Simply Efficient HR. The move will…

What UK Bitcoin Investors Should Know as Tax Deadline Approaches

The deadline for submitting tax returns in the UK is Jan. 31, 2019. If you hold investments in bitcoin or…

Survey: US Investors That Sold BTC Lost $1.7 Billion, Many Don’t Intend to Deduct Losses

Crypto investors in the United States who sold their Bitcoin (BTC) holdings lost $1.7 billion, but many do not plan…

Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders

The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority…

Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies

The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite…

Denmark’s Tax Agency Seals Authority to Collect Data from Three Crypto Exchanges

Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information regarding all trades of cryptocurrencies across…

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