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Australian Taxation Office to Focus on Capital Gains From Crypto Assets

Australian Taxation Office to Focus on Capital Gains From Crypto AssetsThe Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their tax returns. Australian Taxpayers Warned They Should […]

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India Targets 700 Crypto Investors for Non-Payment of Taxes: Report

India Targets 700 Crypto Investors for Non-Payment of Taxes: ReportIndia’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with the country’s Central Board of Direct Taxation. Indian Tax Authority Going After […]

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Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their GainsAustralia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […]

Coinratecap Ends Mining, Set for TGE, Presale