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Blockchain Life 2019  •  

# taxes News

The tax treatment of cryptocurrencies has been a matter of constant back and forth since their inception. On one end, regulators argue that digital currencies are no different than traditional equity stocks which put them in the same bag as government-approved securities. Conversely, crypto evangelists and lobbyists opine that cryptocurrencies...
April 9, 2019 by at Finance, News, Regulation
Margrethe Vestager, the EU Competition Commissioner, believes Europe need not wait for global consensus before deciding on a digital tax, Reuters reports. Vestager wants the EU to take the lead on imposing heavier taxes on U.S. tech companies. GAFA Needs to Pay its Fair Share of Taxes According to Reuters,...
According to a press release published April 4, 2019, Missouri-based tech start-up, CryptoTrader.Tax has successfully integrated with commercially successful tax software Intuit TurboTax. File Crypto Taxes in Minutes Many would agree that doing taxes is a tedious and complicated process. This process becomes all the more complex once cryptocurrencies are...
March 20, 2019 by at Altcoins, Business
CoinTracking.info, the leading platform for cryptocurrency tracking and crypto tax reporting, has announced the addition of new features to its software, to make it easier for cryptocurrency traders to file their tax reports correctly, according to a press release shared with BTCManager on March 18, 2019. CoinTracking.info Gets Even Better...
Crypto users were sent into a frenzy over March 4, 2019, reports that Starbucks had earned significant equity in Bakkt and might begin accepting crypto payments. However, this could prove to be a tax nightmare for Starbucks users. Trouble Ahead? In August 2018, it was revealed that Starbucks was one...
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