Colorado accepts tax payments in crypto: Was it just a matter of time?
Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit.
Auto Added by WPeMatico
Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit.
The mayor reportedly said the City Hall had learned more about cryptocurrencies and blockchain and how to utilize them for improved city services.
Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with…
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad.…
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions.
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards.
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto…
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses.
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…
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency…