Tag: Taxation
CryptoCurrency Lawyers: Law on The Blockchain
Navigating the regulatory environment around cryptocurrencies has not been easy. Whether you’re a crypto trader making unprecedented capital gains, or a Blockchain company that’s just raised a $10million in your ICO, the rules around how to operate in this space...
The Tax Implications of Home Crypto Mining: How Does it Work?
While it seems many U.S. citizens haven’t been paying taxes on their Bitcoin mining activity, it is important for you to know that mining bitcoin is not exempt from taxes in the U.S. It doesn’t matter if you’re mining specifically...
Australian Tax Taskforce Will Monitor Crypto Traders
The taxman Down Under is not taking any chances when it comes to the collection of cryptocurrency gains. It has been reported that the authorities are now interested in establishing a taskforce which will monitor the trading of cryptocurrencies. This...
Why Governments Are Afraid of Bitcoin
Unregulated, decentralised, with lingering dark web associations and beyond the reach of tax authorities: It’s hardly surprising that many of Bitcoin’s most prominent attributes are giving governments the jitters the world over. In fact, surely there’d be something amiss if...
Australian Parliament Introduces Double Taxation Relief Bill
The Australian government has just introduced a bill that wants to eliminate the burden of double taxation on cryptocurrencies. This is a step in the right direction and shows that the country is forward looking when it comes to digital...
A Tax Break for Small Scale Bitcoin Transactions
If you are a small time Bitcoin investor in the USA, then you may be happy with the proposal that is being made by two members of the House of Representatives. They would like to create a tax exemption for...
