[ad_1] The future of cryptocurrencies may be uncertain in some people's eyes, but its influence is now felt by businesses and trade. Big companies, including PayPal, Expedia and Subway, are already accepting Bitcoin and smaller companies are following the example. There are many good reasons to accept digital currencies. Cheap …
Read More »Ohio accepts Bitcoin for corporate tax payments
[ad_2][ad_1] The state of Ohio will accept trade tax payments for Bitcoin for Ohio starting this week – a novelty for the United States, according to a report by the Wall Street Journal. Bitcoin has struggled to become a popular form of payment, but Ohio Treasurer Josh Mandel states that …
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 »Germany's BMWi To Tackle Tax Fraud With The Applications Of Blockchain Technology
[ad_2][ad_1] BMWi has revealed that they are planning to use blockchain in their fight against tax fraud. The Federal Ministry for Economic Affairs and Energy, abbreviated BMWi, is a cabinet-level ministry of the Federal Republic of Germany. It was previously known as the "Ministry of Economy". It was recreated in …
Read More »South Africa's Draft Tax Law Will Hinder Cryptocurrency Use
[ad_2][ad_1] Taxes A South African law firm has published a short essay on the proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Amendment Bill, published by the National Treasury in July, will be Also read: Uganda to Regulate Cryptocurrency Use …
Read More »The acceptance of Bitcoin Ohio as tax could increase the legitimacy of cryptography?
[ad_2][ad_1] chirping Facebook LinkedIn CCN is expanding. Are you our next full-time West Coast USA reporter? Send us your CV and examples here. Companies in the state of Ohio are now authorized to pay tax payments using Bitcoin (BTC). State treasurer Josh Mandel, who initially proposed the integration of Bitcoin …
Read More »Ohio becomes the first state to allow taxpayers to pay tax invoices using cryptocurrency
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Getty By now most taxpayers understand that there are tax consequences associated with cryptocurrency, but ironically, until recently, those taxes could not be paid using cryptocurrency. He is about to change: With the launch of OhioCrypto.com, Ohio will become the first nation state …
Read More »Good news: the first state of the United States officially begins to accept Bitcoin for tax payments
[ad_1] Starting today, Ohio companies can pay taxes with Bitcoin. The authorities will use the BitPay cryptographic payment processor that will handle the encrypted payment and the dollar conversion to the tax office. From the time of creation, Bitcoin has captured deep interest from governments that have given a critical …
Read More »The Federal German Federal Ministry wants to fight tax fraud with Blockchain
[ad_2][ad_1] The German Federal Ministry of Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes using blockchain, the German newspaper WirtschaftsWoche, on 22 November. Following the main CumEx-Files European tax fraud scheme, BMWi has suggested that distributed ledger technology (DLP) is able to make the tax system …
Read More »CoinGate Recognized by Litecoin (LTC) Foundation as the ultimate tax payer
[ad_2][ad_1] LTC or Litecoin currently acts as one of the most influential cryptocurrencies in the world. It holds the seventh position and is popularly known for its ability to interact and exchange easily and quickly with BTC (Bitcoin). On Wednesday, November 14, 2018, its foundation announced that it had taken …
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