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    Home » Taxation

    Taxation News and Updates

    Recent Taxation News

    India Reportedly Considers 18% Tax On All Bitcoin Transactions

    India Reportedly Considers 18% Tax On All Bitcoin Transactions

    Dec 29, 2020 08:36 Jordan Lyanchev

    By classifying bitcoin as an "intangible asset" class, India's intelligence agency has proposed an 18% goods and services tax on

    Read More »
    India Reportedly Plans to Tax Crypto Investors As Bitcoin Price and Trading Activities Soar

    India Reportedly Plans to Tax Crypto Investors As Bitcoin Price and Trading Activities Soar

    Dec 4, 2020 12:00 Mandy Williams

    Indian traders may soon be required to pay taxes on their crypto gains as new reports claim that the country's

    Read More »
    Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

    Bitcoin Skeptic Peter Schiff’s Bank Investigated for Allegedly Serving Top Criminals

    Oct 18, 2020 22:42 Felix Mollen

    Peter Schiff might want to buy some Bitcoin just for safety, as his bank is under the microscope of the

    Read More »
    US Crypto Tax Avoiders Beware: The IRS Updates 1040 Tax Form

    US Crypto Tax Avoiders Beware: The IRS Updates 1040 Tax Form

    Sep 26, 2020 14:35 Anthonia Isichei

    The Internal Revenue Service (IRS) seems to have found a way to block crypto tax evasion, following an update of

    Read More »
    New Israeli Bill Proposes to Consider Bitcoin as a Currency and Not an Asset

    New Israeli Bill Proposes to Consider Bitcoin as a Currency and Not an Asset

    Sep 24, 2020 17:11 Jordan Lyanchev

    An Israeli political party has submitted a new bill to amend the current Bitcoin taxation approach by recognizing BTC as

    Read More »
    Tax Payment in Bitcoin and Ethereum Will Soon Be Accepted In Zug Switzerland

    Tax Payment in Bitcoin and Ethereum Will Soon Be Accepted In Zug Switzerland

    Sep 3, 2020 15:31 Anthonia Isichei

    Zug, a canton in Switzerland, will be the first canton to start accepting cryptocurrency for tax payment purposes starting from

    Read More »
    Venezeula Could Start Collecting Taxes And Sanctions in Cryptocurrencies

    Venezeula Could Start Collecting Taxes And Sanctions in Cryptocurrencies

    Aug 12, 2020 10:14 Jordan Lyanchev

    Venezuela may start collecting taxes and fees in the Petro after a recently signed new tax agreement. At the same

    Read More »
    US Government Misses Deadline to Release Cryptocurrency Regulations

    US Government Misses Deadline to Release Cryptocurrency Regulations

    Jul 18, 2020 10:58 Anatol Antonovici

    Regulations on how cryptocurrency exchanges should report their client data to the IRS are still in preparation, as the US

    Read More »
    South Korea Should Tax Cryptocurrency Trading Profits, Says Finance Minister

    South Korea Should Tax Cryptocurrency Trading Profits, Says Finance Minister

    Jun 17, 2020 16:30 Jordan Lyanchev

    A local report indicates that South Korea’s Minister of Finance and Economy believes that the country should impose a tax

    Read More »
    Bitcoin Jesus, Roger Ver: Stop Using ‘Police Money’

    Bitcoin Jesus, Roger Ver: Stop Using ‘Police Money’

    Jun 3, 2020 19:24 Greg Thomson

    The man, known as Bitcoin Jesus, has urged people to start using cryptocurrencies instead of what he calls “police money,”

    Read More »
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