India Considers 18% Tax on BTC Transactions
India’s government finally moved towards the probability of implementing a tax of 18% on Bitcoin trading in the country. The reports say that...
tax
Ethereum 2.0 – Are we missing anything?
As ethereum (ETH) hodlers are now discovering how to stake their tokens and earn interest along the way, there is one subject they’ll...
Lithuania Earned 6.4 Million Euros from seized cryptos
Lithuania’s tax authority has sold the cryptocurrencies it earlier secured for 6.4 million euros (approximately $7.6 million). The big three cryptocurrencies seized were...
Ex-Microsoft Software Engineer Used Funds From Bitcoin Tax Fraud To Buy Lake House and a Tesla
In what is exhibited as the first US criminal case that involves bitcoin (BTC) with a tax component, a software engineer was convicted...
Delay Crypto Taxes till 2023: South Korean Blockchain Association
The South Korean government has been urged by the Korea Blockchain Association (KBA) to suspend orders to impose a tax on crypto trading profits from...
Plans to Tax Crypto to help with the COVID-19 pandemic efforts – OECD
The Organization for Economic Cooperation and Development (OECD) promotes its affiliates to adopt crypto tax frameworks. As reported in the new OECD report, the group said...
$67 Million TAX Bill Served To Bithumb – Guilty or Not Guilty?
Here we go again with our central South Korean trading platform Bithumb which has won a mighty supporter in its journey to confront an odd...
How To Earn 5K a Month Passive Income During The Pandemic
Disclaimer: The text below is a press release that was not written by Cryptonetwork News. 2020 has been a challenging year for everyone....
Crypto Now Under The Taxman’s Microscope
The prominent consulting company, PwC, said that the raised interest in cryptoassets from tax officials and other regulators reveals that this asset class is...
Cryptocurrency now the Main Feature of new IRS Form
A brand-new draft of the 2020 IRS 1040 Tax Return Form has been issued. The form requests about virtual currency on the very...
