Revenue

US Tax Service is Willing to Pay for Cracking Monero
Sep 12, 2020 at 09:18
News
US Tax Service is Willing to Pay for Cracking Monero
As privacy coins such as Monero are widely used for illegal purposes, financial regulators and watchdogs seek ways to de-anonymize them. Now, the United States Internal Revenue Service (IRS), is going to pay for cracking Monero (XMR).
US IRS Seeks Cryptocurrency Tax Assessment Contractor to Produce Clearer Regulatory Framework
May 14, 2020 at 14:31
News
US IRS Seeks Cryptocurrency Tax Assessment Contractor to Produce Clearer Regulatory Framework
The United States tax authority, the Internal Revenue Service (IRS), is looking for an outside firm (contractor) to help with crypto asset tax calculations and produce a clear income statement.
Taxes Revolutionizing the Cryptocurrency Industry, Singapore Sets New Rules
Apr 25, 2020 at 09:29
News
Taxes Revolutionizing the Cryptocurrency Industry, Singapore Sets New Rules
As cryptocurrencies and blockchain technology gain root in the world, governments are becoming more involved in the industry through taxation.
United States Tax Agency Wants Cryptocurrency Holders to Pay Taxes
Mar 01, 2020 at 11:46
News
United States Tax Agency Wants Cryptocurrency Holders to Pay Taxes
US Tax body Internal Revenue Services (IRS) is demanding that American Citizens who hold cryptocurrency deposits in their wallets be taxed. The tax agency sent warning letters to more than 10,000 cryptocurrency holders over failure to pay appropriate taxes or falsifying taxable income.
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
Sep 23, 2019 at 14:08
News
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
The CRA - Canada Revenues Agency (Customs and Revenue Agency), a federal authority which administers tax laws, started investigating the impending unknown revenues of QuadrigaCX, a defunct cryptocurrency exchange. On Monday Sept. 16, the Globe and Mail published a report saying that the Trustee on the QuadrigaCX insolvency case has managed to produce the tax returns files for previous earnings of the firm.
New IRS Notice Brings Worry to US Bitcoin Traders
Aug 27, 2019 at 12:52
News
New IRS Notice Brings Worry to US Bitcoin Traders
The Internal Revenue Service (IRS), the United States (US) authority accountable for collecting taxes and overseeing the Internal Revenue Code, posted a sweet video on its official social media platforms about the recently issued CP2000 notices which are of interest to many blockchain users and Bitcoin traders. This is not an audit though it works the same, however, it looks like the IRS notice could cause worry for BTC and digital asset traders.
Over 10,000 Bitcoin Users Get Warning Letters From IRS
Jul 30, 2019 at 13:03
News
Over 10,000 Bitcoin Users Get Warning Letters From IRS
The US federal government revenue service, the Internal Revenue Service (IRS), has started the exercise of emailing around 10,000 letters to different Bitcoin and cryptoasset holders that have maybe failed to pay or report taxes and income on digital asset transactions. They are trying to warn them to act in accordance with the federal tax laws, The WSJ reports.
Trading Ideas, Multicharts, and Live Widgets - SimpleFX Promotes New Features With Lower Spreads
Mar 13, 2019 at 17:33
News
Trading Ideas, Multicharts, and Live Widgets - SimpleFX Promotes New Features With Lower Spreads
The fast-growing broker with over 200,000 active traders worldwide aims at being the go-to app for the new generation of mobile-first traders. SimpleFX has just added three groundbreaking features to its award-winning WebTrader and promotes the improvements with a “March Madness” offer. For the whole month, traders can earn $500 with a 20% spread cashback.
The Canadian Revenue Agency Starts to Audit Users Involved in Crypto Trading
Mar 11, 2019 at 14:43
News
The Canadian Revenue Agency Starts to Audit Users Involved in Crypto Trading
Cryptocurrency operations have caught the eye of the Canadian Revenue Agency (CRA), Canada’s primary tax-collecting institution. It has been concerned about risks associated with cryptocurrencies and lawful regulation of taxes in the digital asset field.
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