[ad_1] chirping Facebook LinkedIn Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so that the government could conduct "very stringent" tax inspections and verification of the registration of real names. The power of the mines was discontinued on 5 November, according to sources from the …
Read More »Department of Thai Revenue to monitor tax payments via Blockchain
[ad_2][ad_1] The Inland Revenue of Thailand revealed its plans to track tax payments using the blockchain and the learning of the maîhines, the local newspaper Bangkok Post reported on 5 November. Ekniti Nitithanprapas, director general of the revenue department, told reporters that the blockchain will be used to check the …
Read More »Thai government to use Blockchain to address tax avoidance
[ad_2][ad_1] The Government of Thailand has announced plans to adopt distributed ledger technology to combat tax avoidance. The general manager Ekniti Nititprapas said that the Department of Revenue intends to use the blockchain to verify if the taxes have been correctly paid and to speed up the process of tax …
Read More »Brazilian tax regulator publishes a draft on the taxation of cryptocurrencies
[ad_2][ad_1] The Brazilian Federal Revenue Department (RFB), which administers tax collection in the country, is trying to receive monthly reports on asset encryption transactions, according to a document published by the RFB on Tuesday 30 October. In the document, the RFB announced that cryptographic exchanges based in Brazil are now …
Read More »Monero [XMR] mining launched by ViaBTC; 50% relaxation on the mining tax
[ad_1] A popular cryptocurrency mining company, ViaBTC has announced the launch of its new mining pool for Monero [XMR] September 28th. The company also wrote in its official announcement that miners with all the nodes will get 50% relaxation on the XMR mining fee for three months, ie until December …
Read More »The tax treatment of Bitcoin and other cryptocurrencies
[ad_1]<div _ngcontent-c15 = "" innerhtml = " Getty At the beginning of 2017, the Bitcoin was trading at $ 968. During the year it reached a maximum of $ 19,783. The news has raised many questions, "Should I invest in Bitcoin?" More recently The price of Bitcoin it had dropped …
Read More »Quality tax encryption software for Bitcoin investors?
[ad_1] Have you monitored token sales and purchases? Well, if you are an American citizen, then you may owe the IRS tax on your crypto investments. The IRS requires all citizens in America to pay the capital gains tax on both national and international income. The tax company has even …
Read More »Norwegian tax authorities remind profitable cryptic investors to pay taxes
[ad_1] Norwegian tax authorities remind crypto investors to pay taxes on their profits Since cryptocurrency has somehow become a form of income in many places, it should not come as a surprise that taxation has become a factor in tracing the funds derived from it. Norway is one of these …
Read More »Norway: crypton miners see millions of profits, the tax office sends a reminder
[ad_1] The Norwegian tax authorities urged the diligence in reporting the profits of the cryptocurrency after the news emerged that two miners paid only 74,000 crowns ($ 8750) of taxes on declared holdings of 34 BTCs ($ 218,000). Much Bitcoin, Small (Heritage) Wealth As local news Dagens Næringsliv reports on …
Read More »China issues the first invoice authorized by the tax authorities on Blockchain
[ad_2][ad_1] China's first digital bill on the blockchain was issued in the southeastern city of Shenzhen, the local EEO news platform reports on August 10th. This is the first implementation of a pilot blockchain ecosystem for invoices that was developed by Tencent – the developer of the 1 billion WeChat …
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