Tag: tax

New Zealand’s Tax Agency Trying To Acquire Crypto Users’ Data

New Zealand's tax authority, the IRD, recently issued a request for crypto businesses. The request is for crypto firms to hand over private...

New Zealand Legalizes Payment Of Salary In Cryptocurrencies

According to the August bulletin published by New Zealand’s tax office, also known as the Inland Revenue Department (IRD), the government has made it...

UK Is Requesting Taxpayer Information To Crypto Exchanges

Her Majesty’s Revenue & Customs (HMRC), the United Kingdom's entity that handles tax, payments and customs in the country, is reportedly requesting cryptocurrency exchanges...

Singapore Proposes Cryptos To Be Exempt From VAT

While some countries are actively acting against cryptocurrencies, others seem to be adopting a much friendlier attitude towards digital assets. One of the most...

Israel Central District Court Confirms Bitcoin Is An Asset Subject To...

As cryptocurrencies increase in value, governments begin paying attention to the market in an attempt to regulate those assets in order to ensure nobody...

UK Publishes Regulatory Framework For Crypto Assets Taxation

Her Majesty's Revenue and Customs (HMRC), an organization dedicated to the recollection of taxes in the UK, published on their website a series of...

Ohio Becomes First US State To Allow Paying Taxes With Bitcoins

Yesterday, Ohio became the first state in the US to accept Bitcoin (BTC) as a payment method for taxes. According to the Wall Street...

6 Countries Leading The Way In Crypto Innovation

  Cryptocurrency is losing its techno-geek status and going mainstream. With that increased acceptance comes a hefty dose of government scrutiny. Here’s a roundup of...

Blockchain Technology And Regulation In Nigeria: Three Recommendation For Policymakers

by Timi Olagunju Whilst at a meeting in the early hours of the day some weeks ago, I read a report on Business Day that...

Poland’s Attempt To Tax Cryptocurrency Sparks Revolt

Last week, the Polish Ministry of Finance published new laws regarding the taxation of cryptocurrency. This law stipulates that every single cryptocurrency transaction is...
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