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Tag: capital gains tax

Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert

April 3, 2024 wp-bot Bitcoin News

Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according

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UK Treasury seeks input on taxing DeFi staking and lending

April 28, 2023 wp-bot Cointelegraph

The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.

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Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

April 4, 2023 wp-bot Bitcoin News, Blockchain

A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in

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Death and self-custody: How to pass on your crypto when you die

January 11, 2023 wp-bot Cointelegraph

Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions.

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Aussie federal budget reaffirms BTC won’t be treated as foreign currency

October 27, 2022 wp-bot Cointelegraph

The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they

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Crypto capital gains one of four key areas for Australian Tax Office

May 16, 2022 wp-bot Cointelegraph

“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh.

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