[ad_1]<div _ngcontent-c14 = "" innerhtml = " Shutterstock: CryptocurrencyShutterstock If you have multiple cryptocurrency transactions (coins), consider a commercial accounting solution dedicated to coin transactions. The program should calculate taxable income and losses based on the IRS rules for currency transactions. It should generate capital gains and losses reports to …
Read More »How to know if you need tax on bitcoins
[ad_1] While the number of people who hold virtual currencies is not certain, bringing the exchange of US cryptocurrencies to Coinbase there were about 11.7 million users at the end of October 2017, according to data compiled by Alistair Milne, co-founder and chief investment officer of Altana Digital Currency Fund. …
Read More »Italy embraces digital innovation in the midst of an unfriendly web tax
[ad_2][ad_1] 27 December 2018 18:32 // News Italy is examining largely future investments, innovation and technological progress in the world of cryptocurrencies. Therefore, to pass the budget law that was recently approved by the Italian Senate with less effort, a good plan, program and roadmap from the government are needed …
Read More »The life in a tax hell of a Crypto Trader trader
[ad_1] Chandan Lodha is co-founder of CoinTracker, a manager of portfolios and taxes for cryptocurrency. It can be reached on Twitter Here. The following article is an exclusive contribution to CoinDesk Crypto and taxes 2018 series. As a hobbyist investor, my first foray into cryptocurrency was with Coinbase. I was …
Read More »Is a blockchain solution for the Malta tax system unlikely?
[ad_2][ad_1] Blockchain solutions for Malta's tax system could revolutionize the way the government could start to collect taxes. Photo: Shutterstock Blockchain solutions for Malta's tax system: you have to dream! The biggest headache or dilemma for any government is whether the Treasury is collecting the fair amount of taxes from …
Read More »Bitcoin investors could increase tax savings by selling and reacquiring their cryptographic assets
[ad_2][ad_1] According to a recent article published by The Wall Street Journal (WSJ), investors should sell and repurchase their Bitcoin (BTC) in order to reduce the amount of fees paid. The WSJ suggests that one of the good things about the current bear market is that it offers tax cuts. …
Read More »UK Gov & # 39; t unveils the cryptocurrency tax guidelines for individuals
[ad_2][ad_1] Her Majesty & # 39; s Revenue and Customs (HMRC) published yesterday a reference document with the guidelines on the taxation of cryptocurrencies for individuals. The good news is that no new punitive fiscal measures are applied to the crypt, which essentially falls under the existing tax regimes. What …
Read More »Crypto Roundup – Atari to use Blockchain and Australia aims to tax crypto traders
[ad_2][ad_1] / News / 2018/12 / crypto-tracking-Atari-to-use-blockchain-australia-targets-to-fiscal-crypto-traders / Crypto Roundup – Atari to use Blockchain and Australia aims to tax crypto traders crypto-roundup-atari-to-use-blockchain-australia-goals-to-tax-crypto-traders All coins in the top 10 coins in the 24-hour volume recorded positive changes, ranging from 1.14% to 29.93% Atari sells the rights to create Blockchain versions …
Read More »Turning your 2018 Bitcoins and Crypto Loss into tax savings
[ad_2][ad_1] Guest post by David Kemmerer from CryptoTrader.Tax David is the co-founder of CryptoTrader.Tax. The cryptocurrency market saw a sharp decline in 2018. With Bitcoins rising from $ 17,000 per coin in January 2018 to around $ 3,500, many traders suffered losses from the start of the year. This post …
Read More »The Australian Tax Office sends warnings to Australian Bitcoin investors about annual returns
[ad_2][ad_1] The Australian Tax Office has sent warnings to Australians regarding their annual returns from Cryptos The Australian Tax Office (ATO) warned The Australians declare their annual returns from virtual currencies. The main intention is to tighten regulations and improve tax collection from virtual currency-related activities. This is something similar …
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