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Biden’s 30% Tax Proposal: A Threat to U.S. Bitcoin Mining?
This proposal, viewed as a near-ban on U.S. Bitcoin mining, highlights environmental worries about crypto mining.
Bitcoin mining, the process by which transactions are verified...
Spanish Authorities Seek to Seize Crypto to Settle Tax Debts
The Spanish Ministry of Finance is seeking to increase the scope of its oversight over crypto activities within the nation,
This will allow them to...
Argentina Scraps Crypto Taxes in Legislative Turnaround
The bill initially contained provisions that would have required taxpayers to disclose ownership of previously undeclared assets. This includes cryptocurrencies.
However, the Minister of...
Find Out the Most Crypto Tax Friendly States in the US
CoinLedger recently published data on US states and their crypto tax policies, and the study named Florida as the most crypto-tax-friendly state in the...
IRS Halts Implementation on Crypto Tax Rule
The Internal Revenue Service (IRS) will not require US businesses to file reports on transactions exceeding $10,000 until it establishes a legal framework.
The...
UK Government Urges Crypto Users to Disclose Unpaid Taxes
Crypto users in the UK are now being encouraged to voluntarily disclose any unpaid income and capital gains taxes. They are related to exchange...
Everything You Need to Know About Calculating Crypto Taxes
Taxes and crypto are turning into hot items. Until a few years ago, nobody cared much about it. However, nowadays, the IRS and tax...
The Pros and Cons of the Indian 1% TDS Tax Law
The most focus on India's new tax laws was on the 30% capital gains tax. However, it's the 1% TDS law that gives the...
Five Ways to Reduce Annual Crypto Taxes in the US
The month of April is rapidly approaching and that brings ominous clouds for many who have to pay their crypto taxes. Here are five...
Metaxiz Combines Gaming With NFTs to Reward its Users
Crypto enthusiasts are often seeking a new project with promising returns on their investment. However, these investments can sometimes be risky. For example, Metaxiz,...