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IRS Obtained Regulatory Greenlight From US Court to Seek Taxpayers Data From Circle

The Internal Revenue Service (IRS) has reportedly obtained regulatory greenlight from the US federal court to retrieve every data on US taxpayers, traded in crypto, from Circle. Specifically, the...

Shannon Wilson | Apr 09, 2021 14:29

Swiss Canton of Zug Added crypto As Viable Means of Payment for Taxes

Bitcoin and Ether have reportedly been added as an accepted means of payment for tax, from local firms and citizens of the Swiss canton of Zug. Specifically, Bitcoin Suisse – a Swiss crypto...

Jenny Aurora | Feb 24, 2021 07:06

Coinbase Teamed Up With CoinTracker to Offer Simplified Method For Tax Reporting to Its Clients

Coinbase is reportedly collaborating with portfolio tracking and tax calculating startup CoinTracker to simplify tax declarations for crypto loss and gains, with the Internal Revenue Service deadline...

Warren Hayes | Jan 21, 2021 11:42

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