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Taxes

TECHNICAL

Despite Setback in Ohio, Tax Payments in Bitcoin a Viable Trend

Landon Manning -
Even though Ohio has suspended its groundbreaking program, the idea of using bitcoin for tax payments isn’t going anywhere.
BUSINESS

IRS Releases Tax Guidance on Hard Forks and Airdrops

Jimmy Aki -
The IRS has attempted to add tax clarity for cryptocurrencies following hard forks and airdrops but questions remain.
CULTURE

Op Ed: Belarus and the Case for National Bitcoin Strategies

Vlad Costea -
Belarusian President Alexander Lukashenko has suggested the country begin mining bitcoin with its nuclear power. What could this mean for the world?
TECHNICAL

Op Ed: The Bitcoin Lightning Network Adds a New Set of Accounting Challenges

Jeremy Nau and Michael Sasson -
The Lightning Network has unleashed an entirely new set of accounting, audit and tax challenges. But how will they be resolved?
BUSINESS

State Document Reveals Details of Iran’s Cryptocurrency Mining Regulations

Maziar Motamedi -
Iran’s local cryptocurrency community welcomes the legitimization of mining as an industry but feels that miners aren’t being treated fairly.
BUSINESS

France Takes Out Tax Requirements on Crypto-to-Crypto Trades

Jimmy Aki -
The French government will not be imposing taxes on crypto-to-crypto trades and will only tax cryptocurrency gains when they are converted into fiat.
BUSINESS

Op Ed: Are You Paying Taxes on Your 2019 Bitcoin Gains?

David Kemmerer -
With the recent price rise, many bitcoin traders have incurred capital gains that need to be reported on year-end tax returns. But how?
BUSINESS

Op Ed: Portugal Clarified Its Bitcoin Tax Code; Other Nations Should Take Note

Colin Harper -
“At the very least, the IRS should heed Portugal’s prudent policy and treat cryptocurrency transactions like typical currency transfers.”
BUSINESS

IRS Sends Warnings to Crypto Investors Over Misreported Trades

Landon Manning -
Following a round of “soft notices” sent last month, the IRS is issuing a round of sterner warnings about accurate cryptocurrency tax filing.
BUSINESS

Bitcoin Is Now a Legal Form of Payment in New Zealand

Vlad Costea -
A public ruling integrates crypto assets as legal and taxable forms of payment in New Zealand.
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