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Tag: Crypto Tax

Analyst Compares Bitcoin With Gold ETF Trends Predicting A $40K Floor, What To Expect?

<!-- Coingape Staff 21 mins ago 24/7 Cryptocurrency News --> Crypto analyst Altcoin Daily’s latest analysis brings attention to a potential...

Alchemy Pay Introduces New Ways To Buy Crypto In Europe And The UK

<!-- -->Alchemy Pay crypto payment platform is scaling up its payment options by adding new ways to buy crypto in...

Why Is BitMEX Accumulating Bitcoin Using A ‘Mysterious’ Wallet Address?

A ‘mysterious’ wallet address has added over 10K Bitcoin in just a month. The wallet address has been confirmed to belong to...

Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets...

Capital Gains Tax: Definition, Rates, Rules, Working Process & More

Key Takeaways The tax levied on the profit received from the sale of specific assets, including stocks, bonds, real...

Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration...

UK Spearheads Multinational Effort to Curb Crypto Tax Evasion – CryptoCurrencyWire

The United Kingdom recently made a significant stride to address the challenge of individuals exploiting crypto-assets to elude and circumvent significant amounts of uncollected...

CZ, Vitalik, and More: These Are the Most Popular Names in Crypto (Study)

The crypto space is constantly evolving, with new ideas and projects emerging now and then. The steady growth is attracting more people and,...

What You Need to Know About Crypto Tax Loss Harvesting

For example, suppose that you purchased $50,000 worth of bitcoin on Coinbase. After 40 days, the price fell, and you sold the position for...

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

The major sticking point is how the proposal captures hosted wallet providers, payment processors, some decentralized finance (DeFi) entities and others as “brokers” for...

The IRS and the Rising Cost of Crypto Tax Compliance

Despite only trading $5,000 of cryptocurrencies, your 1099s are reporting $50,000 of realized taxable income! This number isn’t accurate. But, given that these same...

The US IRS To Provide Free Software To Taxpayers To Track Transactions In DeFi

<!-- -->In the US, the IRS, the government agency responsible for collecting citizens’ taxes, is about to launch new software...

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