taxpayers – Miami Crypto Coin

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…

US Government Delays Tax Reporting Rules for Cryptocurrency Brokers

Post author:MiamiCrypto
Post published:December 25, 2022
Post category:brokers Crypto crypto assets crypto brokers crypto transactions Cryptocurrencies Cryptocurrency Delay Delays Digital Assets IRS PayPal reporting requirement requirements tax tax rules Taxation taxes taxpayers threshold Transactions Treasury treasury department U.S.US venmo Wallets

The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated…

South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal

Post author:MiamiCrypto
Post published:September 24, 2022
Post category:amount Coins confiscation Crypto crypto assets Cryptocurrencies Cryptocurrency data forfeiture numbers Seizure South Korea south korean tax tax authority tax evasion tax service taxes taxpayers virtual assets

The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual…

Colombian Tax Authority Tightens Control Over Cryptocurrency Usage

Post author:MiamiCrypto
Post published:February 2, 2022
Post category:ATMs Authority colombian Cryptocurrency dian Emerging Markets Sandbox tax tax evasion taxpayers

The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to…

South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

Post author:MiamiCrypto
Post published:September 2, 2021
Post category:capital gains tax Crypto tax non-disclosure South African crypto holders South African Revenue Services tax administration Tax Consluting SA taxes taxpayers

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…