taxes – Page 21 – Miami Crypto Coin

Taxes of top concern behind Bitcoin salaries, Exodus CEO says

Post author:MiamiCrypto
Post published:June 14, 2022
Post category:Bitcoin Price Cryptocurrencies Job Payments taxes Wallet

Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said.

Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

Post author:MiamiCrypto
Post published:June 10, 2022
Post category:$600 1099-K summary Alex Muresianu business income Depop eBay Facebook Marketplace freelancing Gig Economy Internal Revenue Service IRS IRS oversight Payments Records side hustle side hustles tax tax code Tax Foundation Tax Requirement Taxation taxes

Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal…

Australian Mayor downplays crypto volatility, recommends it for rates payments

Post author:MiamiCrypto
Post published:June 6, 2022
Post category:Gold Coast mayor rates taxes Tom Tate

"The volatility is not that bad” - Australia’s Gold Coast Mayor suggests crypto could be used to pay local taxes in the future.

Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

Post author:MiamiCrypto
Post published:June 1, 2022
Post category:budget budget receipts budget revenues consumption Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency Electricity FEE Government Kazakhstan Levy Mining power surcharge tax Taxation taxes

The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the…

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Post author:MiamiCrypto
Post published:May 26, 2022
Post category:Bids capital gains Crypto crypto gains crypto taxation Cryptocurrencies Cryptocurrency Gains income lawmakers motions parliament parties Portugal Portuguese Profit Proposals tax Taxation taxes

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the…

Portugal’s Assembleia da Republica says no to two crypto tax bills

Post author:MiamiCrypto
Post published:May 26, 2022
Post category:Government Portugal taxes

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.

Thailand Exempts Crypto Transfers From VAT Until End of 2023

Post author:MiamiCrypto
Post published:May 25, 2022
Post category:CBDC Central Bank Crypto crypto trading Cryptocurrencies Cryptocurrency Decree decrees Digital Currency Digital Tokens Exchanges Regulation Regulations rules tax tax break tax exemption taxes thai Thailand trade trading Transactions vat

Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will…

Australian Taxation Office to Focus on Capital Gains From Crypto Assets

Post author:MiamiCrypto
Post published:May 18, 2022
Post category:announcement ATO Australia Australian Coins Crypto crypto assets Cryptocurrencies Cryptocurrency priorities reporting tax Tax agency tax authority tax office tax returns Taxation taxes Tokens

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…

Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending

Post author:MiamiCrypto
Post published:May 14, 2022
Post category:Bitcoin Crypto Crypto tax crypto taxation Cryptocurrency german law Germany taxes

The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking…

Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free

Post author:MiamiCrypto
Post published:May 12, 2022
Post category:Bitcoin Regulation Cryptocurrencies Germany Government Investments taxes Technology

Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold after 12 months of acquisition.