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Tag: Crypto tax

Nigerian Court Postpones Detained Binance Executive’s Tax Evasion Case to April 19

April 5, 2024 wp-bot Bitcoin News

A Nigerian court has postponed the tax evasion case of the detained Binance executive to April 19, while the hearing for the cryptocurrency exchange itself

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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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Indonesia’s Commodities Regulator Requests Finance Ministry to Review Crypto Taxes

March 4, 2024 wp-bot Bitcoin News

The Indonesian Finance Ministry has been called upon to assess the implementation of cryptocurrency taxes by the nation’s Commodity Futures Trading Supervisory Agency. In the

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Thailand Abolishes Value-Added Tax Previously Applicable on Digital Asset Trades

February 9, 2024 wp-bot Bitcoin News

The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan.

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IRS Revises Digital Asset Question on Tax Forms

January 25, 2024 wp-bot Bitcoin News

The Internal Revenue Service (IRS) has revised the question about digital assets included on income tax forms. Moreover, the tax authority has added the question

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IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations

January 18, 2024 wp-bot Bitcoin News

On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance. IRS Temporarily Halts

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