Latest news about: taxes

Tom Lee: the Massive outflow of capital from the cryptocurrency market is not far off. Preparing for the new fall course

Tom Lee: the Massive outflow of capital from the cryptocurrency market is not far off. Preparing for the new fall course

American traders are required to pay $25 billion in taxes on capital gains for transactions with digital money, which can lead to “massive” removal of tokens into U.S. dollars by the deadline for filing tax returns in mid-April. To this opinion came well-known investor and analyst Fundstrat Tom Lee. “This mass Exodus of cryptocurrency to… More

How to pay taxes with cryptocurrencies in Israel?

How to pay taxes with cryptocurrencies in Israel?

The government of Israel confirmed Monday that it will treat bitcoin and other cryptocurrencies as a kind of property. This confirms previous allegations that the IRS will treat bitcoin as “property, not currency,” making it taxable as such. The first position of the IRS described in the draft circular issued in January this year. The… More

How to pay taxes with cryptocurrencies in Israel?

How to pay taxes with cryptocurrencies in Israel?

The government of Israel confirmed Monday that it will treat bitcoin and other cryptocurrencies as a kind of property. This confirms previous allegations that the IRS will treat bitcoin as “property, not currency,” making it taxable as such. The first position of the IRS described in the draft circular issued in January this year. The… More

How much tax will pay cryptocurrency exchange in South Korea?

How much tax will pay cryptocurrency exchange in South Korea?

Local news Agency Yonhap reports that the South Korean government announced Monday, January 22, cryptocurrency exchanges will have to pay 22% corporate tax and 2.2% local income tax. This announcement occurred immediately after the results of the investigation to the six largest Korean banks, the result of which public was the information about the owners… More

In the US you can pay taxes in bitcoin?

In the US you can pay taxes in bitcoin?

Arizona has a new bill which proposes to use bitcoin to pay income taxes. The bill was represented by 4 senators from the Republican party Warren Petersen and David Farnsworth, Travis Grantham and Jeff Winninger. Code bill SB 1091, a short name sounds like “income tax: bitcoin”. While the bill is relevant to the state… More

Kriptosistem from the United States and Russia will have to face new taxes

Kriptosistem from the United States and Russia will have to face new taxes

Bitcoin traders will face new tax liabilities in the United States and Russia, since the authorities seeking to profit from the stock market are beginning to adjust the legislative basis for its own interests. According to Fortune, created this week by the U.S. Congress, the Commission, reforming the tax legislation, in which services will be… More