tax

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require…

The Australian Tax Office (ATO) is remodeling its crypto tax program to oversee cryptocurrency taxation and effectively catch defaulters. The agency has been collecting details of crypto transactions for the past ten years,…

Custodial brokers of digital assets will be required to report crypto transactions to the IRS.The new rules will be implemented in 2026, reporting on the previous year.Decentralised or non-custodial brokers will be covered by different…

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28.Crypto brokers, including exchanges, will need to report gross proceeds for crypto sales starting from 2026.…

The authorities in Malaysia are said to be cracking down on crypto tax evaders. As part of a special investigation codenamed ‘Ops Token', officials from the Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at…

Billionaire bitcoin bull and MicroStrategy co-founder Michael Saylor will pay $40 million to settle a lawsuit alleging he committed massive tax fraud by lying to authorities for years about where he lived, the Washington DC…

Table of Contents Hong Kong’s first crypto-asset tax reporting software, FinTax was launched today.  The software will help in calculating crypto-asset salary tax and profits tax. Hong Kong has witnessed numerous advancements in the…

It’s quite likely that Otoh has lost more bitcoin than most people will ever hold. An early bitcoin investor, Otoh, a pseudonym that stands for “on the other hand,” has many lessons to share about finding opportunities and making one’s…

(c) Copyright Thomson Reuters 2024 SYDNEY (Reuters) – Australia’s tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down…

Roger Ver, now a bitcoin cash (BCH) advocate, but an early bitcoin (BTC) investor, was indicted for tax fraud on Tuesday, a press release from the U.S. Department of Justice said.The release said Ver was arrested over the weekend in…