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Tag Archives: Taxes

IRS Continues to Crack Down on Cryptocurrency Holders Who Shun Taxes

The IRS is keeping close tabs on cryptocurrency users across the United States. A brand-new compliance campaign has been launched to ensure everyone files their taxes properly when it comes to Bitcoin and altcoins. This new development is not entirely surprising, as there are still plenty of speculators who do not report gains or losses to the tax agency. Another ...

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Do Crypto Trusts Save Taxes? Expert Take

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice. In our Expert Takes, opinion leaders from inside and outside the crypto industry express ...

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Taxes On Restricted Crypto And Options Can Be Confusing: Expert Take

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice. There is considerable talk today about crypto investments for everyone, for individual retirement accounts, ...

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Azerbaijan Taxes Revenue Received in Cryptocurrency

Join our community of 10 000 traders on Hacked.com for just $39 per month. Azerbaijan has joined the growing list of countries that are taxing revenue received in cryptocurrencies. Revenues received in cryptocurrency in Azerbaijan are subject to taxation, according to Nijat Imanov, deputy director general of the tax policy and strategic research department for the Taxes Ministry, according to ...

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Azerbaijan’s Taxes Ministry Says Crypto Revenue Is Subject To Taxation

Revenue from crypto-to-fiat transactions will be subject to taxation in Azerbaijan, local news outlet Trend reported Saturday, May 5. Nijat Imanov of the country’s Taxes Ministry outlined the new measures during the second Finance and Investment Forum (FIF 2018) in Baku Saturday. During the Forum, Imanov stated: “This is formalized as a profit tax for legal entities and income tax ...

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Thai Regulators Asked to Ease New Cryptocurrency Taxes

Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom. Reformers Seek Changes in New Thai Tax Before it Takes Effect On March 29, a royal decree was handed down to the Finance Ministry outlining new tax ...

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