Cryptocurrency Analysis and News Portal
Lawmakers in the United States have called for caution regarding implementing a proposed tax policy that could have significant implications for America’s crypto space.As previously reported by Cointelegraph, an expanded crypto taxation regime was a last-minute addition to the $1-trillion infrastructure deal currently being debated in Congress. According to the
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Seems like we now all have stories starting with, “What I did during the pandemic...” Most begin with cleaning out the closet and, hey, guess what? That’s where my story starts, but I bet you can’t guess where it ends!Let’s start with what I found in that closet: family photos
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Tax season is almost upon crypto users based in the United States, and even if they plan on keeping their assets digital, nonfungible token — or NFT — buyers might not get off scot-free.According to a CNBC report today, people who use the profits from their crypto holdings to purchase
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India is reportedly planning a short-term boost to its coffers by ensuring the nation’s cryptocurrency space is taxed before bringing in a ban on such assets.The government is likely to impose both personal income tax (IT) and the goods and services tax (GST) on gains from trading cryptocurrencies, according to
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It feels like 2017 all over again. The price of Bitcoin surged to reach an all-time high at
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For Democrats, it was a moment of truth. For Republicans, it was “fake news.” Among some members of the crypto commentariat, there was a very different reaction to The New York Times’ recent scoop on Donald Trump’s tax returns – a bombshell story to kick off a week of even bigger
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Israeli bitcoiners take note: a handful of Knesset members are seeking to ease Israel’s hefty taxation of cryptocurrencies.Four Knesset members from the nationalist Yisrael Beiteinu party on Tuesday introduced a draft bill that would effectively end Israel’s 25% capital gains tax on bitcoin by redefining certain “distributed digital currencies” as
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Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters." Source
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