Tag: tax

  • bitcoin
    Bitcoin

    Bitcoin Already Crossed $8,400, Analysts Expect it to Surge Again After Tax Season

    The price of Bitcoin seems to have switched to a bullish momentum after spending a period of two months on a downward path that shed about $5,000 of its value. The market rebounded across the $8,000 line on Friday and crossed $8,400 already. Bears argue that a short squeeze is behind what they call “a market correction”, but...

    Ricardo Esteves | April 15, 2018 | 5:57 pm
  • taxes
    Bitcoin

    Tax Season Blamed for Bitcoin Sell-off, Rebound Predicted

    Taxation is an important aspect of the cryptocurrency industry. It is very much possible the taxation season effectively triggered the recent Bitcoin price decline. With these concerns almost gone, the markets are rebounding strongly. This yearly cycle will continue to repeat itself for the foreseeable future. Taxation and...

    newsbtc | April 13, 2018 | 9:00 am
  • south africa
    Industry

    South Africa Orders Taxpayers to Declare Cryptocurrency Gains

    The South African Revenue Service (SARS), the revenue service of the South African government, is ordering taxpayers to declare cryptocurrency gains and losses or risk facing penalties, regardless of how unclear the tax rules are at the moment. South Africa’s Tax Agency to Apply Penalties on Those Who Fail...

    Ricardo Esteves | April 9, 2018 | 9:07 pm
  • scam
    Industry

    Australian Tax Office Warns Public About Bitcoin Scammers

    The ATO has officially warned the public to beware of scammers demanding fake tax payments in the form of Bitcoin. ATO Doesn’t Take Bitcoin Yet Mate It is a scenario that is most often related to the elderly. A scammer calls on the phone and delivers a line...

    newsbtc | March 15, 2018 | 4:01 am
  • taxes
    Industry

    Coinbase Helps U.S. Customers With Tax Tools

    Coinbase, the largest cryptocurrency exchange in America, has updated its tax tools to help its U.S. customers comply with IRS guidelines for reporting digital asset gains. Coinbase Updates Tax Tools For U.S. Customers While not being legal or tax advice, Coinbase’s post may prove to be very useful...

    Ricardo Esteves | March 13, 2018 | 12:07 pm
  • Thailand
    Industry

    Thailand Proposes New Cryptocurrency Gains Tax

    Thailand’s cabinet is set to vote on implementation of a new 10% capital gains tax on profits from cryptocurrency investment. Royal Decree will empower the SEC to regulate digital currencies. New Tax Part of Royal Decree The Thai Revenue Department has asked the cabinet to vote on an...

    newsbtc | March 13, 2018 | 6:30 am
  • israeli
    Bitcoin

    Israel Outlines Tax Guidelines for Digital Currencies

    The Israeli Tax Authority has issued a circular outlining its position on Bitcoin and other digital currencies. The agency will look at the issue in two ways to determine tax status: Those who buy digital currencies as an investment, versus those who trade in order to make a living...

    newsbtc | February 19, 2018 | 11:00 pm
  • Rupees
    Bitcoin

    Indian Cryptocurrency Exchanges Make Moves to Self Regulate

    In response to the minister of finance naming cryptocurrency as illegal tender Indian exchanges have banded together to create a central repository to maintain a real-time database of traders in a bid at self-regulation. Exchanges propose self-regulation When Finance Minister Arun Jaintly named cryptocurrency illegal tender in his early February budget speech he set off...

    newsbtc | February 13, 2018 | 9:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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