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Key Players in Crypto Sphere Invested in Tax Solutions Following IRS Tax Reporting Update

A second draft of Form 1040 developed by the IRS, dedicated to the 2020 tax season reportedly revealed the agency’s initiative to make declaration a mandatory task, for any entity or individual...

Tracy Hannes | Jan 13, 2021 14:20

Thai Tax Agency to Utilize Blockchain for Making Tax Payments Better

Blockchain tech will reportedly be utilized by the tax collection department of Thailand, in a bid to make the tax payment process better in 2021. Specifically, the Excise Department has reportedly...

Chris Torres | Dec 18, 2020 11:32

Australian Exchange Platform Teamed Up With Crypto Tax Startup to Assist Clients’ Tax Reporting

Major crypto exchange platforms from Australia – Coinjar, Cointree and Swyftx – have reportedly teamed up with Koinly, for a tracking solution of their customers’ tax obligations....

Daniel T. | Jul 17, 2020 18:12

Changes to Singapore’s Tax Guidelines Introduced Exemption For Miners

The Inland Revenue Authority of Singapore (IRAS) has reportedly made amendments to tax guidance focusing on digital tokens, covering payment, utility, security and ICO-generated tokens. Specifically,...

Daniel T. | Apr 20, 2020 15:35

China Initiates Beijing-based Blockchain Invoicing Implementation For Transparency

The Beijing tax department has reportedly revealed that it will initiate blockchain invoicing implementation, throughout the city, starting March 2nd. Specifically, China, and Beijing in particular,...

Jenny Aurora | Mar 04, 2020 16:01

South Korean Tax Experts Advised 2-Step Tax Initiative On Digital Coins

Tax specialists in South Korea have reportedly suggested the authorities to use a low-level trading tax for crypto profits, prior to requiring citizens to fulfill a transfer income tax duty. ...

Emily Rys | Feb 26, 2020 16:12

Amendments Proposed to Exempt Crypto From Taxes In New Zealand

The tax department of New Zealand has reportedly proposed new amendments for the Goods and Services tax (GST)-related policy, concerning crypto, and is open for general feedback. Specifically, on...

Shannon Wilson | Feb 26, 2020 16:06

Blockfolio-TokenTax Integration to Simplify Taxes Filing Process

With the final day to finalize taxes for last year in the US is around the corner, crypto-related businesses are having troubles with their digital assets declaration process, and how to not get...

Shannon Wilson | Feb 15, 2020 14:46

Britain Tax Department Called For Tech Solution From Contractors to Fight Crypto Tax Evasion

The tax department of Britain is reportedly putting out contracts, looking for firms that can develop a tech solution in the fight between the tax agency of Britain and crypto cybercriminals. ...

Jenny Aurora | Jan 29, 2020 02:55

Bill to Provide Exemption For Small Crypto Transactions From Taxes Reproposed to US Congress

A new law, which looks to provide an exemption for individual crypto transactions from taxation for capital gains, has reportedly been proposed again to the Congress of the United States. The new...

Chris Torres | Jan 19, 2020 13:15