Coins earned by staking have been “created” and are not taxable until sold according to one couple in the U.S.
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Crypto Tax Crackdown In The US – Should You Still Buy Bitcoin?
The US Treasury and Inland Revenue Service (IRS) are cracking down on what they see as cryptocurrency-fuelled tax evasion. Lack of a regulatory framework for
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South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them
A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now closing in on cryptocurrencies, holders must now take the initiative and
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South Korea to Impose a 20% Tax on Crypto Mining Activities
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required
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Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data
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South Korean Bitcoin miners can deduct electricity costs from crypto tax filings
Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022.
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