Tax Compliance Firm TaxBit Raises $5M to Improve Crypto Tax Reporting
TaxBit, a crypto-oriented tax compliance firm, has raised $5 million in a seed round that saw participation from Winklevoss Capital
Category Archives: taxes
If Bitcoin Price Drops — an Opportunity for Crypto Tax Planning
Bitcoin price drops – last chance to reduce tax due before the end of the year
4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec
China and taxes may be behind $6,500 Bitcoin price drop
Missouri Firm Launches New Software For Reporting Crypto Taxes
Missouri-based software maker CryptoTrader.Tax has launched new software to help tax professionals work with crypto tax reporting
Thailand Introduces Blockchain-Based Tax Refunds for Oil Exporters
The Thai Excise Department to introduce a blockchain-based tax payback system for oil exporters
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
U.S. taxpayers have never been authorized to postpone paying tax using the like-kind exchange principle, an IRS official says
#VATMESS Is About To Get Much Messier
Indie developers were rightly up in arms at the recent changes to the place of supply rules for B2C sales — deftly coined #VATMESS by Twitter wags. The rules were well-intentioned — it was not right that Apple, Google and Amazon could set up shop in Luxembourg, thus gaming the tax system and disadvantaging EU competitors. However, the implementation was cack-handed Read More
