Tax

IRS

FinCEN Developed Bitcoin Training for IRS Tax Examiners

FinCEN has been working with the IRS to train its examiners on relevant aspects of bitcoin technology.

Policy & regulation  ·  16 November 2015
Startups

Spanish Tax Authorities Issue Bitcoin-Related Probe for Information

The Spanish Tax Authority has probed at least one bitcoin-friendly business for information on the way it handles digital currency payments.

Business  ·  20 October 2015
Regulation

Why Bitcoin Creates a Voluntary Tax System

Travis Patron explains why our notion of taxation is ripe for disruption, and why cryptocurrency is already liable for taxation by default.

Policy & regulation  ·  7 September 2015
Regulation

Spanish Authorities Clarify How Tax Applies to Bitcoin Losses

The Spanish tax authorities have clarified how the country's existing tax law should be applied to bitcoin losses.

Policy & regulation  ·  19 August 2015
Australia

Australian Senate Committee Seeks to Overturn Bitcoin Tax Ruling

The way in which digital currency transactions are taxed should be reviewed, according to the Australian Senate Economics References Committee.

Markets  ·  4 August 2015
IRS

5 Things Bitcoin Owners Must Do When Estate Planning

Certified Financial Planner Jeff Vandrew explains the steps bitcoin holders should take when planning their estates.

Policy & regulation  ·  28 July 2015
Crime

Exclusive: Silk Road Agent Gave Bitcoin Tax Advice Prior to Arrest

In a revealing 2014 interview, DEA agent Carl Force discussed his interests in bitcoin as a part-time public accountant.

Policy & regulation  ·  31 March 2015
Regulation

New Hampshire Lawmakers Debate Accepting Bitcoin for Tax Payments

Hearings conducted by the New Hampshire General Court last week focused on a proposed bill that would allow bitcoin payments for state taxes and fees.

Policy & regulation  ·  24 February 2015
Exchanges

Australian Bitcoin Exchange Claims Exemption from 10% Government Tax

Bitcoin exchange Coin Loft says it has beaten Australia's tax imposition on bitcoin trades with a private ruling from the government.

Business  ·  3 February 2015
Exchanges

Living Room of Satoshi Reopens After Sales Tax Issues

Bill payment service Living Room of Satoshi, which closed in October due to Australian tax regulations, is back online.

Policy & regulation  ·  15 December 2014
Exchanges

Bitcoin Startup CoinJar Cites Tax as Influence on UK Relocation

Australian bitcoin exchange and payment processor CoinJar is relocating its headquarters to London, citing a more favorable tax environment.

Business  ·  1 December 2014
Regulation

Dutch Official: Bitcoin Transactions Probably Not Liable for VAT

While not yet official, there are hints that bitcoin transactions might not be liable for VAT in the Netherlands.

Policy & regulation  ·  25 November 2014
Europe

Finland Classifies Bitcoin as VAT-Exempt Financial Service

Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status.

Policy & regulation  ·  19 November 2014
Exchanges

New Bitcoin Exchange Says Australia is Ideal Location

New Australian exchange Independent Reserve says its regulatory compliance and stable location will appeal to customers seeking security.

Business  ·  22 October 2014
Venture Capital

Libra Raises $500k to Expand Bitcoin Tax Compliance Solutions

Libra has announced $500,000 in new fundraising as part of a seed round led by Liberty City Ventures.

Business  ·  10 October 2014