Citizens of Buenos Aires will soon be able to pay their taxes with cryptocurrencies as the city looks to streamline its operations with blockchain tech. Horacio Rodriguez Larreta, head of the Buenos A...
Tag: Taxes
Buenos Aires will accept cryptocurrencies to pay taxes
TL;DR Breakdown • Capital city promotes the use of new technologies• Buenos Aires + plan will seek to use the Blockchain network Crypto trade is again present in Latin America, specifically in Argenti...
“Buenos Aires +” will allow citizens to pay taxes in crypto
Horacio Rodríguez Larreta, the head of government of Buenos Aires has announced his new plan for the Argentine capital: “Buenos Aires +”. Among the many “transformations”, there will be a digital one ...
Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion – Taxes Bitcoin News
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it...
Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency – Taxes Bitcoin News
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digiti...
Only 5.3% of Spanish Crypto Investors Have Received a Warning to Declare Income Taxes – News Bitcoin News
Only 5.3% of Spanish crypto investors have received a warning to declare income taxes, according to a report in local media. If accurate, this would mean that only 233,000 investors, a minuscule porti...
The Bahamas to allow residents to pay taxes in crypto
The Bahamas have set out a digital asset strategy in their whitepaper that will allow residents of the Bahamas to pay their tax in cryptocurrency. Following the launch of the central bank digital curr...
The Bahamas enables residents pay taxes with crypto in 2022
TL;DR Breakdown The Bahamas government intends to allow Bahamian residents to pay taxes using digital assets. The Bahamian nation works towards being a global crypto hub. According to a whitepaper det...
Here’s what to do if you missed the April 18 tax filing deadline
Sergey Mironov | Moment | Getty Images If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly, according to the IRS. While it’s too late to reques...
Bahamas to Allow Citizens to Pay Taxes With Digital Assets
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
How You Can Get More Time To File Your Crypto Taxes?
What happened Dealing with cryptocurrency, NFTs & DeFi can make your simple tax return surprisingly complex. As a result, taxpayers often need more time than other years to compile tax records and...
What is the penalty for filing taxes late if you are owed a refund?
Tax day is just around the corner and if you haven’t completed your 2021 return, you’re in good company. The IRS received more than 91 million returns as of April 1. But as the clock start...
What to do if you can’t pay your taxes by tax day
With tax day approaching quickly, some Americans who owe may feel financially unprepared to pay their tax bill by this year’s April 18 deadline. Fortunately, the Internal Revenue Service offers severa...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament – Taxes Bitcoin News
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the...
Do U.S. Citizens Have to Pay Taxes on Foreign Income?
SmartAsset: Do U.S. Citizens Have to Pay Taxes on Foreign Income? Do U.S. citizens have to pay taxes on foreign income? The short answer is yes. Even if you bring in foreign income, you’ll need to inc...
Taxes 2022: Last-minute tax filing tips
Tax day is right around the corner and if you haven’t filed yet, putting together your return in a rush may come back to bite you. “You should never rush through the process of having your tax return ...
Taxes and levy on crypto price and miners in Kazakhstan soon
Crypto miners will have to pay higher taxes as per the public authority of Kazakhstan The planning to build the taxation rate had been going on for quite some time now The experts in Nur-Sultan acce...
Bitcoin Price Could Be Linked To Mining Taxes In Kazakhstan
According to a report from a local news media, the Minister of National Economy for Kazakhstan Alibek Kuantyrov wants to bound Bitcoin mining tax to the price of the underlying asset. In that way, the...
Even if you’ve filed your taxes, read this.
Have you paid your taxes yet? It may seem like a silly question to ask on April 16, but of course the deadline this year is Monday, April 18, (except in Massachusetts and Maine, where Monday is Patrio...
Warren Tells IRS to Focus Audits on the Rich, Not Low-Income Taxpayers
Lawmakers are calling on the IRS to stop disproportionately auditing low-income taxpayers, who they say are far more likely than other taxpayers to face IRS scrutiny, with audit rates for poorer filer...
Kazakhstan Bitcoin miners could be subject to increased taxes
After China banned Bitcoin mining activities, Kazakhstan became the ideal location for migrating miners. However, the regulatory environment in the country is changing, and it could discourage more mi...
Here’s how much President Biden paid in taxes
On Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office. In a notable contras...
You Made $700 From an Online Side Hustle. Now the IRS Will Know.
Now that your 2021 taxes are done—or at least under way—it’s time to focus on a key tax change for 2022 affecting millions of Americans making money through platforms like eBay , Etsy , Airbnb , Venmo...
New Report Reveals Names Of America’s Biggest Earners–And How Little They Pay In Taxes
Topline Some of America’s richest billionaires—including the likes of Bill Gates, Michael Bloomberg and Ken Griffin—were among the highest earners between 2013 and 2018, but that didn’t mean they paid...
Municipal Bonds Are Down So Much That They’re Buys Again
Text size Al Drago/Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at l...