Chinas tax agency asks govt to impose digital currency taxes
agency China’s

Chinas tax agency asks govt to impose digital currency taxes

An official Chinese tax newspaper has called on the government to impose taxes on digital currencies, despite the recent show of hostility towards the industry by the government. The article, which was attributed to the state tax agency, further called for clarity regarding Bitcoin property declaration, liquidations, mergers and acquisitions, and more to avoid tax…

CFTC commissioner: company doesnt have enforcement assets without Congress
agency commissioner

CFTC commissioner: company doesnt have enforcement assets without Congress

“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets.

Canadian Tax Company Launches Audit To Thwart Crypto Taxes Evasion
agency Canadian

Canadian Tax Company Launches Audit To Thwart Crypto Taxes Evasion

Source: AdobeStock / JHVEPhotoThe Canada Revenue Agency (CRA) is increasingly targeting crypto traders who have not yet reported their profits from transactions as part of a large scale audit implemented by the tax agency’s Cryptocurrency Section. The crackdown was signaled by Norman MacDonald, head of tax litigation at the Toronto-based law firm Rogerson Law Group.…

Iranian tax agency demands legal electronic currency exchanges
agency Iranian

Iranian tax agency demands legal electronic currency exchanges

Tax authorities in Iran have called for legislation that would support the development of legalized digital currency trading exchanges in the country, in a bid to grow tax revenues from the sector. The Iranian National Tax Administration (INTA) put forward proposals for a new legal regime for digital currency trading, following on from a recent…

Australia tax company warns digital currency proprietors against tax evasion
agency Australia

Australia tax company warns digital currency proprietors against tax evasion

Home » Business » Australia tax agency warns digital currency owners against tax evasion The Australian Taxation Office (ATO) is sending a warning to all digital currency owners in the country against failing to pay their taxes. It reminded the community that it has partnered with most digital currency exchanges and it has all their…