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“Under District law, any individual is subject to District tax liability if they are domiciled in the District, or if they establish statutory residency in the District. Saylor has been domiciled in the District, or a statutory resident of the District, or both, in each year from 2013 through 2020,”
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The latest price moves in bitcoin (BTC) and crypto markets in context for September 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Ethereum (ETH) hodlers that don’t play their cards right following the Ethereum Merge may be in for a hefty bill come tax time, according to tax experts. Around Sept.15, the Ethereum blockchain is set to transition from its current proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), aimed at improving the network’s
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MicroStrategy shares were down more than 4% following Racine’s tweets. In a statement, Saylor said that although MicroStrategy headquarters is in Virginia, he had moved to Miami Beach. "Florida is where I live, vote, and have reported for jury duty, and it is at the center of my personal and
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According to instructions published by Mendoza's government, users will be able to pay with any crypto wallet, including Binance, Bitso, Buenbit, Bybit, Ripio and Lemon. Mendoza will only accept stablecoins for tax payments, DAI and USDT among them, Clarín newspaper reported. Original Source
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Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of
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Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains. Original Source
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The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have to file a tax return within three months of the airdrop and tax will be levied at 10%-50%, the report said. The
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The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a "gift tax" under the Inheritance and Gift Tax Act despite the postponement of crypto gains tax to 2025.Cryptocurrencies are officially referred to as part
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As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions. Original Source
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