taxes – Page 13 – Miami Crypto Coin

Tax strategies allow crypto investors to offset losses

Post author:MiamiCrypto
Post published:February 4, 2023
Post category:Analysis Bitcoin Regulation Digital Currency Government law Tax reduction taxes United States US government

Reporting cryptocurrency when filing taxes can help investors offset their losses.

Here’s why India held on to older crypto reforms in national budget 2023

Post author:MiamiCrypto
Post published:February 1, 2023
Post category:India Tax reduction taxes

Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced…

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

Post author:MiamiCrypto
Post published:January 28, 2023
Post category:IRS taxes United States

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking.

Arizona lawmakers seek to make crypto a tax-exempt property

Post author:MiamiCrypto
Post published:January 24, 2023
Post category:Arizona Cryptocurrencies Regulation taxes United States

Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure.

Terra accidental airdrop leads to smear campaign, community member claims

Post author:MiamiCrypto
Post published:January 10, 2023
Post category:Cryptocurrencies LUNC taxes Terra United States

TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided…

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

Post author:MiamiCrypto
Post published:January 8, 2023
Post category:Crypto crypto traders crypto transactions Cryptocurrencies Cryptocurrency Gains income operation proceeds profits Raid raids romania Romanian tax Tax agency tax authority tax evasion Taxation taxes Taxpayer taxpayers Transactions

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation…

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

Post author:MiamiCrypto
Post published:January 7, 2023
Post category:bitcoin farms Crypto crypto farms Cryptocurrencies Cryptocurrency FEE Fees Kazakhstan Miners Mining mining companies mining farms rates tariff tax taxes

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021…

ECB official urges CBDC development for the good of cryptocurrency and consumers

Post author:MiamiCrypto
Post published:January 5, 2023
Post category:CBDC Cryptocurrencies MiCA taxes

ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.

Italy approves 26% capital gains tax on cryptocurrencies

Post author:MiamiCrypto
Post published:January 2, 2023
Post category:italy Payments taxes

The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

Post author:MiamiCrypto
Post published:January 2, 2023
Post category:26%budget law capital gains Europe incentives italian parliament italy Portugal taxes

The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives…