Tax

IRS Issues Warning to Crypto Tax Defaulters

The internal revenue service (IRS), has begun to send out letters notifying crypto holders who owe the institution to pay their taxes in good time or face harsh penalties. The IRS is known for not mincing its words, and effecting…

Cryptocurrency

Polish Legislators Introduce New Bill that Will Clarify Crypto Taxation

The crypto taxation policy that was put in place in Poland had been cause for a lot of murmurs and had also raised more questions than answers. After what crypto enthusiasts in the country felt like an eternity of waiting,…

Tax

The Taxman’s whip: Tax regulations and the Crypto market

Author – Same Reeds, UK When Bitcoin and other cryptocurrencies ruled the dark web, authorities were less interested in their financial impact and their relevance in the mainstream sector. However, policymakers can be seen to have changed their earlier views…

Blockchain

Introducing Blockchain System into Government Administration

The advantages of blockchain technology can no longer be denied. This decentralized network can offer a lot of benefits to a different section of society like industries, education, and environment.so the governments around the world should think to use blockchain…

Government

Bitcoin exchanges in India could be paying up to US $ 1 billion in taxes

Guest Post – Anujith Bitcoin exchanges in India are trying to ascertain their tax liabilities. The key questions are whether bitcoins will be treated as currency, or they will be treated as goods or services which will bring them in…