Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022.
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Court orders Kraken to provide information on user transactions to the IRS
A court in northern California has ordered Kraken to provide info on users who traded more than $20,000 between 2016 and 2020 to the IRS.
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Survey shows South Koreans support crypto tax law
More than half of the survey respondents favored the controversial crypto tax law in South Korea.
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South Korean Prime Minister nominee to look into controversial crypto tax law
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county.
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South Korean City Threatens to Seize Cryptos From Tax Evaders
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city
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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The
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