Tag Archives: Taxing

South Korea will start taxing Bitcoin profits in 2021

[ad_2][ad_1] South Korea will begin taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The tax will also apply to bitcoin mining operations and income from initial coin offerings if approved by Parliament. South Korea’s Ministry of Economy and Finance has proposed changes to …

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Taxing all purchases of Bitcoin will turn against IRS

[ad_1] Joe Colangelo is the founder and CEO of Boxcar, the "parking Airbnb". The following article is an exclusive contribution to the 2018 series of Crypto and Taxes by CoinDesk. Bitcoin has an extraordinary way of teaching people very quickly about the law of unintended consequences. A great example is …

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