Auto Added by WPeMatico

Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud

Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by…

Continue ReadingCourt Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud

Tax Agency Starts Checking Crypto Traders in Romania

Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the…

Continue ReadingTax Agency Starts Checking Crypto Traders in Romania

Australian Taxation Office to Focus on Capital Gains From Crypto Assets

The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate…

Continue ReadingAustralian Taxation Office to Focus on Capital Gains From Crypto Assets

India Targets 700 Crypto Investors for Non-Payment of Taxes: Report

India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were…

Continue ReadingIndia Targets 700 Crypto Investors for Non-Payment of Taxes: Report