11-15-2024 
tax
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2 June, 2021
Australia tax agency warns digital currency owners against tax evasion
This year, the agency will be sending letters to around 100,000 taxpayers with digital currency holdings, urging them to review...
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1 June, 2021
IRS right to tax mined digital currency as income under consideration in federal court
The court heard arguments from a Tennessee couple who were charged tax on the creation of 8,876 units of Tezos...
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24 May, 2021
US proposals could require reporting digital currency transactions over $10K to IRS
New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions...
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20 May, 2021
Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets
The Safe Harbor for Taxpayers with Forked Assets Act seeks to protect taxpayers that own forked assets from any penalties...
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19 May, 2021
IRS: We will seize digital assets for taxes owed
The IRS says it is improving its ability to track users' digital asset holdings and even seize those assets if...
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17 May, 2021
How Abendum’s triple entry accounting is disrupting the auditing industry
Abendum has created a solution that increases efficiency across the board in the accounting industry, especially in the auditing process.
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15 May, 2021
Hungary considers digital currency investor tax cut for COVID stimulus
Authorities in Hungary are weighing proposals which would slash the applicable rate of tax on digital currency gains down from...
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14 May, 2021
Turkey begins digital currency transactions over $1200
The measures were announced by the Minister of Treasury and Finance Lütfi Elvan, putting the Financial Crimes Investigation Board, or...
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9 May, 2021
Block reward miners in South Korea getting tax break under new scheme
Companies involved in block reward mining may enjoy a significant tax break when South Korea’s new digital currency tax regime...
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3 May, 2021
Indonesia proposes tax on digital currency transactions
The Indonesian Commodity Futures Trade Regulatory Agency has proposed a final income tax on any transaction involving a digital currency,...
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26 April, 2021
Ohio lawmaker proposes bill for stricter digital currency tax reporting
Senator Rob Portman said he hoped the bill would attract bipartisan support, as a measure for tackling the problem of...
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23 April, 2021
Seoul seizes $22M from digital asset exchange accounts over back taxes
The Seoul metropolitan government said this week it had found and even seized such assets from over 600 "tax delinquents"—individuals...
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