You Searched For "cryptocurrencies tax" and got 20 results
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1 min read
The family that put all its money into crypto has moved to 'bitcoin heaven' Portugal for its 0% crypto tax
A family that sold all their assets in 2017 to go all in on bitcoin has decided to settle down in P…
Adam Morgan McCarthy
6 mins read
India’s cryptocurrency tax kicks in from April – here’s what investors need to know
Beginning April 1, a 30% tax will apply to all forms of virtual digital assets (VDA), or crypto ass…
2 mins read
Taxing cryptocurrencies does not give them legal status, clarifies India’s finance minister
India’s Finance Minister Nirmala Sitharaman clarified in Parliament that taxing cryptocurrencies do…
1 min read
Some wealth managers are helping clients take advantage of a loophole to use crypto losses to offset taxes on other assets
One financial advisor said he's "taking advantage of the volatility in crypto" to increase portfoli…
Natasha Dailey
5 mins read
A semi-retired couple moved to Puerto Rico for an adventure and some tax benefits, but a healthcare crisis may soon change their plans
There are financial incentives for people looking to retire in Puerto Rico, but there are also some…
Cork Gaines
2 mins read
White House backs senators in debate over the need for tougher crypto regulations with a surprise statement
The White House's surprise statement came as senators debated crypto regulation as part of the bipa…
Sophie Kiderlin
4 mins read
After seizing $47 million from crypto tax dodgers, South Korea is looking to tighten the net
Cryptocurrencies will no longer serve as a tax haven for investors in South Korea. The tax authorit…
3 mins read
Equalisation levy on crypto exchanges in India will not apply to investors, according to the Finance Minister
The controversial Google Tax, which has historically been imposed on foreign companies — like Am…
1 min read
El Salvador will exempt foreigners from paying bitcoin taxes to encourage investment, report says
After a bumpy rollout, El Salvador is the first country in the world to accept bitcoin as legal ten…
Carla Mozée
3 mins read
Axie Infinity players in the Philippines may have to start paying tax on trading ‘pets’
Axie Infinity, a game where players can trade, train and battle their ‘pets’ — and earn some money …
1 min read
Australian crypto investors must report profits or face penalties for tax evasion, government official says
Australian Tax Office official Tim Loh said that capital gains tax applies to cryptocurrency invest…
Sophie Kiderlin
2 mins read
Crypto tax amendment fails to pass in the Senate despite last-minute compromise in infrastructure bill
The crypto tax reporting amendment, which clarifies who is impacted by the new rules, failed to pas…
Sophie Kiderlin
2 mins read
Mark Cuban says shutting off crypto 'growth engine' would be like banning e-commerce in 1995 as debate rages over infrastructure bill
Mark Cuban said tough regulation on crypto would be like shutting down e-commerce in the 1990s due …
Harry Robertson
5 mins read
Tax implications of investing in cryptocurrencies — here’s how you can make the most of your investment
Others looking to dip their toe in the crypto market, may be wondering how profits for investi…
1 min read
Taxes on digital assets could raise an estimated $28 billion to help fund the sweeping infrastructure bill moving through Congress, report says
Strengthening tax enforcement on the crypto market could generate billions to fund the bipartisan i…
Emily Graffeo
6 mins read
South Korea is open to cryptocurrencies and making an effort to regulate them, but crypto exchanges still aren't happy
South Korea’s crypto industry is undergoing one of the biggest shake-ups in history. The past four …
2 mins read
Billionaire investor Paul Tudor Jones praises bitcoin, warns of rising inflation, and flags the 'Buffett indicator' in a new interview. Here are the 10 best quotes.
The hedge fund manager called on the Federal Reserve to take the inflation threat seriously, and su…
Theron Mohamed
2 mins read
Crypto-friendly Miami mayor sees the potential for MiamiCoin to support the city without people having to pay taxes
So far, MiamiCoin has raised about $7.1 million, The Washington Post reported. The city's mayor sai…
Isabelle Lee
2 mins read
Crypto firms will report transactions over $10,000 to the IRS under proposed tax push to help fund the US infrastructure plan
US senators have agreed that a US infrastructure bill will include measures to strengthen tax and r…
Sophie Kiderlin
2 mins read
Bitcoin anonymity is just a big myth - and using it to launder dirty money is stupid, a crypto ATM chief says
The digital asset is perceived to be anonymous as it has often been associated with illegal activit…