Crypto and taxation are two topics that many people find confusing and complex. However, it is important to understand how crypto assets are taxed and what you need to do to comply with the IRS rules. Crypto assets are treated…
The administration of U.S. President Joe Biden has proposed an excise tax on cryptocurrency miners equal to 30 percent of the cost of the electricity they use, and plans to eliminate tax deductible losses related to wash-trading of crypto tokens,…
Local Tax Authorities in China have begun imposing a 20% personal income tax on the investment profits of individual crypto investors and Bitcoin miners, China currently has strict regulations on illegal financial activities. Within the current legal framework, China does…
The Buenos Aires province in Argentina gave the go-ahead for a plan to include crypto mining as a taxable activity for the upcoming calendar year. 4% of the revenue generated by these operations will be required, according to a document…
