According to Israel Tax Authority (ITA), currencies must have
some “physical manifestation” to be classified as coins. It considers that those who sold large
quantities of bitcoins should pay taxes
The
Israel Tax Authority determined that...
The Bermuda government announced that
public services may be paid, among other things, with the stablecoin USD Coin.
In recent statements issued by the Bermuda government,
it was known that taxes in that country can...
The Investigation Committee expects the
country's legislators to take into account the suggestion it proposes. The idea
is to modify the law and make it able to confiscate cryptocurrencies
Some regulatory entities in Belarus hope...
The gaucho country
is in search of a “smart regulation”, while Brazil works to use the appropriate
terminology to define the uses of each cryptoactive
The
Financial Information Unit (UIF in Spanish) and the Central Bank...
The refusal is due, in part, to the
distrust that banking institutions have for businesses with cryptocurrencies
The issue of cryptocurrencies in Israel is uncertain.
In that sense,the position of the financial system with respect...
On June 30, a US court ruled that Kraken must provide its users' information to the Internal Revenue Service (IRS), to investigate those who do not file their taxes. The court ruled that the IRS has...
Taxes on income stemming from the sale of
cryptocurrencies vary, depending on whether they are local or foreign. Since
October 2019, exchanges have had to report the transactions by their
affiliates.
The incorporation of cryptocurrency taxation...
Changes in tax matters would help boost the cryptocurrency
business and establish a clear framework in all legal senses
Japan
has become the first country in the world in which cryptocurrencies have been
regulated. But recently,...
Faced with the devaluation of the
bolivar, cryptocurrencies are a tool for money management in Venezuela. These
are also an option to strengthen the employee-company relationship.
Mariela Llovera, a Venezuelan lawyer and graduate in
Industrial Relations,...
The idea is to boost cryptocurrency
transactions in the country. But this decision does not apply to the payment of
Value-Added Tax (VAT), in the case of companies
Following the steps that Portugal took 15...