However, such moves come with important tax implications that require careful planning. The Rules. The Internal Revenue ...

Shaping the future of banking with bitcoin. Presidential candidate Donald Trump surprised the internet on Thursday on Fox & Friends when he floated “the ultimate tax cut” – an end to income ...

If the holding period is for more than a year, it is treated as capital gains and may attract an additional 3.8% tax on net investment income. Account for Bitcoin Tax Reductions If you’ve ...

"It doesn't matter to the IRS – for U.S. taxpayers – where the bitcoin is acquired or disposed of. It must be reported on your tax returns and any income or capital gain or loss indicated ...

CBDT Chairman Sushil Chandra has now clarified that about 100K HNIs who had invested in cryptocurrencies like Bitcoin without declaring the same in ITR were issued notices (by Income Tax department).

1)According to Section 115BBH of the Income Tax Act of 1961, investors are required to pay 1% TDS (tax deducted at source) when transferring cryptocurrency tokens, commonly referred to as virtual ...

According to a report in Reuters, following Trump's win, Bitcoin has hit an all-time high and has risen by over 30% since ...

In response to the growing virtual currency market, the IRS shares comprehensive guidelines on cryptocurrency taxes. Read on ...

Russia has passed a federal bill on the new tax legislation concerning the operations of cryptocurrencies. Adopted by the ...

Putin has taken a step in embracing the digital economy by signing a law that officially recognizes digital assets as a form ...

Farmers and bitcoiners are fighting for sovereignty. Discover how interconnected systems like farming, energy, and sound ...