The Internal Revenue Service (IRS) has recently unveiled the first draft of the 1099-DA form, tailored specifically for digital asset transactions. This development is...
(Last Updated On: September 17, 2023)
Crypto taxes for loans in Europe refer to the taxation regulations and obligations that individuals or businesses must comply...
Navigating Crypto Gambling Regulation in Australia: Balancing Legal Compliance with the Excitement of Online Wagering and Digital Coins.Picture this: the world is buzzing with...
Executive Summary
If you have invested in cryptocurrencies, DeFi, or NFTs, there’s a good chance you may have to pay taxes.
In this guide, we will...
While crypto taxes can be complicated, the key principles are not. Fix these ideas in your head:
Taxable events:
Selling crypto.
Trading crypto.
Buying stuff with crypto.
Receiving crypto...
For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are...
Virtual reality (VR) and augmented reality (AR) have been gaining popularity for a few years. However, their integration into the metaverse has only taken...
Current income tax rules in Singapore will apply to transactions involving non-fungible tokens (NFTs), Finance Minister Lawrence Wong reportedly said on Friday. But their application will depend on the nature and use of the token. Specifically, individuals who depend on NFT transactions or trading as a source of income will be subject to deductions, The