Tax

IRS Reminds US Taxpayers to Report Crypto Earnings
The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.

OECD to G20: Crypto Tax Policies Need Global Clarity
The global economic organization has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency.

ABA to IRS: Create Safe Harbor for Forked Cryptos
The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

SEC Official Says 'Dozens' of Crypto Investigations Underway
Stephanie Avakian, a co-director of the U.S. SEC's Enforcement Division, said the agency is investigating "dozens" of ICO campaigns.

Puerto Rico Aims to Attract Blockchain Startups With New Council
Puerto Rico's government has created an advisory council aimed at spurring the development of blockchain businesses.

Thailand's Cabinet Moves to Regulate and Tax Cryptocurrencies
The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

Coinbase Releases Cryptocurrency Tax Calculator
The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.

Regulators Could 'Take Away' Blockchain's Efficiencies, Congressman Warns
Rep. David Schweikert, co-chair of the Congressional Blockchain Caucus, talked about challenges facing mainstream adoption in a speech Thursday.

Illinois Has Been Quietly Considering Bitcoin for Tax Payments
Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency.

Germany Won't Tax You for Buying Coffee With Bitcoin
Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.
