Auto Added by WPeMatico

IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…

Continue ReadingIRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue…

Continue ReadingSouth African Tax Body Updates Crypto Tax Guidance, Confusion Persists

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax…

Continue ReadingSlovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC

According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the…

Continue ReadingCrypto language in the infrastructure bill is a political shell game, says Cointelegraph GC