The US Treasury Department has not revealed when the cryptocurrency tax reporting rules will come into effect. The United States Treasury Department, the national treasury and finance department of the federal government of…
MetaMask co-founder and ex-Apple employee Dan Finlay says he’s all in favor of the crypto industry ditching Apple’s App Store altogether, calling Apple’s 30% in-app purchase tax “an abuse of monopoly.” “I’ll absolutely…
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Portugal is considering the possibility of imposing taxes on crypto gains. Portugal’s government submitted a 2023 budget draft, which among other things, offers to implement a 28% tax on crypto gains. According to…
This is an opinion editorial by Dr. Riste Simnjanovski, a tenured professor of public administration with California Baptist University, and Kenneth Minesinger, a business and tax lawyer. If you’re in the Bitcoin space,…
Apple’s decision to let NFTs be bought and sold on App Store apps hasn’t received the kind of reception one might expect from Web3 proponents. That’s because the iPhone maker has decided to…
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed. In a press release, Assistant…
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The Central District of California federal court entered an order Monday to authorize the United States Internal Revenue Service (IRS) to serve a John Doe summons on SFOX, a Los Angeles-based cryptocurrency prime…
For unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can potentially be claimed as a tax loss, provided you…