Spanish Tax Agency Cracks Down on Crypto Holders
The Spanish Tax Administration Agency (AEAT) wants to send out 328,000 warning notifications to individuals who are responsible for paying their taxes for the 2022 fiscal year. This move is…
Arkansas passes Bitcoin mining regulation bill
Arkansas has become the latest state in the United States to pass a bill seeking to regulate Bitcoin mining activity within its borders. The bill, which has been named the…
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Because the tax season is just around the horizon for many nations, businesses in the cryptocurrency sector will need to be ready to assist their customers in complying with the…
Hopes Dashed for India’s Crypto Community
The expectations of millions of cryptocurrency holders in India were dashed when the country's federal budget for the year 2023 included no reference to cryptocurrencies or the technology known as…
Portugal to Impose Taxes on Cryptocurrencies
Portugal’s government has announced plans to tax crypto income. Fernando Medina, Portugal's new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxation in…
US Lawmakers Propose To Subject Cryptocurrencies To Wash Sale Rule
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS),…
$600
agenda
American Families Plan tax reform
Biden Administration
Charles Rettig
Democrats
deposits
Inflows
Internal Revenue Service
IRS
Janet Yellen
Joe Biden
lawmakers
Matt Welch
NEWS
outflows
Reason Author
Republicans
Tax
Tax agency
Tax Compliance Agenda
Taxation is Theft
Taxes
The Missouri Bank
Withdrawals
IRS, Janet Yellen Press Lawmakers To Push ‘Tax Compliance Agenda’ — Banks To Report Deposits, Withdrawals Of $600
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from…
$180K Sting
American Families Plan
banks
Biden Administration
crypto transactions
Financial Institutions
Guinevere Moore
inflow
Internal Revenue Service
IRS
IRS agency
IRS agent
LocalCrypto
Mr. Coins
Mr. Coins Sting
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Sting Operation
Taxes
Thomas Brewster
Undercover
IRS Agent Poses As Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow And Inflow’ Data From Banks
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…
capital gains tax
Crypto tax
NEWS
non-disclosure
South African crypto holders
South African Revenue Services
tax administration
Tax Consluting SA
Taxes
taxpayers
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue…
amendments
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Tax
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Taxes
Slovenia Prepares To Impose 10% Tax On Spending And Selling Cryptocurrency
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax…