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Tax Agency Starts Checking Crypto Traders in Romania

Bitcoin.com
Tax Agency Starts Checking Crypto Traders in Romania
bitcoin.com
Tax Agency Starts Checking Crypto Traders in RomaniaAuthorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million of undeclared crypto gains. Tax Authority in Romania Verifies […]
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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Australian Taxation Office to Focus on Capital Gains From Crypto Assets

Bitcoin.com
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
announcement
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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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

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

Bitcoin.com
India Targets 700 Crypto Investors for Non-Payment of Taxes: Report
bitcoin.com
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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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May

Bitcoin.com
Brazilians Who Held ,000 in Crypto Last Year Must Report It on Tax Returns by End of May
bitcoin.com
Brazilians Who Held ,000 in Crypto Last Year Must Report It on Tax Returns by End of MayTaxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little less than $1,000, are obliged to report the funds on their income tax declarations this year. Brazilians who fail to do that on time face […]
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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

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

Bitcoin.com
Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains
agency
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 […]
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Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

Square merchants can now convert up to 10% of sales to Bitcoin via CashApp

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