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Tag: Taxation

Russian Parliament Adopts Tax Rules for Digital Assets

June 29, 2022 wp-bot Bitcoin News

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases,

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Albania to Start Taxing Crypto-Related Income From 2023

June 25, 2022 wp-bot Bitcoin News

Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the

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Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

June 10, 2022 wp-bot Bitcoin News

Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms

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Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

June 1, 2022 wp-bot Bitcoin News

The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from

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Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

May 26, 2022 wp-bot Bitcoin News

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from

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Trade Minister Expects Russia to Legalize Cryptocurrency

May 19, 2022 wp-bot Bitcoin News

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated

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