[ad_2][ad_1] The members of the Group of 20 (G-20), an international forum for governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on the sustainable development of the global economy . Summary of the declaration: cryptography is important, but must be subject …
Read More »Bitcoin, Ethereum and Ripple could be taxed and does not help them
[ad_1] The cryptocurrencies are struggling to recover from the most recent decline. The G-20 Summit, including Trump, discussed the taxation of digital currencies. The graphs show that a potential different for each cryptography. World leaders including US President Trump, Chinese President Xi, German Chancellor Merkel, Japanese Prime Minister Abe, French …
Read More »Bitcoin is taxable? Understanding the way Bitcoin transactions are tracked and taxed
[ad_1] Platforms like Crypto Calculator US could help tax authorities determine the real-time value of bitcoins during the transaction to determine the applicable tax. Bitcoin is a virtual currency based on a cryptographic cryptosystem that facilitates secure transactions and archiving. Unlike traditional flat money, bitcoin is not produced by the …
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