TurboTax is offering customers a new way to get their tax refunds: in cryptocurrencies
Tax preparer, crypto firm team up to allow users to get refunds in more than 100 cryptocurrencies, including bitcoin or ethereum
Do terms like “nonfungible token,” “minting,” and “gas fees” sound like a foreign language to you? To better understand it -- and explain it -- WSJ’s Joanna Stern turned her son’s art into an NFT on the Ethereum blockchain. Photo illustration: Jacob Reynolds
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Colombia clamps down on crypto tax evasion as adoption thrivesThe Colombian tax authority, the DIAN is bringing in special measures seeking to crack down on crypto tax avoiders while crypto adoption surges onward.
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The Battle to Change How the IRS Taxes Mining and StakingShould the IRS tax unsold staked crypto? NLW covers a legal challenge to get the IRS to consider staked crypto as created property.
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Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Taxes Bitcoin NewsThailand has scrapped its plan to impose a 15% withholding tax on cryptocurrency transactions after facing pushback from the crypto industry.
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IRS Will Not Tax Unsold Staked Crypto As IncomeFor individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A Nashville couple argued in May that tokens obtained through proof-of-stake protocols are taxpayer-created property...
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India's Proposed 30% Tax on Digital Asset Income Is Overall a Positive, Crypto Exchange Head SaysFurthermore, India planned to impose a 1% tax deducted at source, or TDS, on payments related to the transfer of digital assets.
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IRS May Not Tax Passive Income From Holding Crypto Right AwayA potential watershed case before the IRS could set an important precedent impacting how passive income from holding crypto will be taxed moving forward.
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