Tax

Bitcoin

Polish Tax Authority: Bitcoin Mining Profits Subject to 23% VAT

A local tax authority made the statement following a request from a Polish bitcoin miner.

Policy & regulation  ·  27 May 2014
Europe

German Bitcoin Tax Proposal Would Sting Merchants Twice

Germany's Ministry of Finance is proposing potentially impactful changes to its bitcoin tax policies.

Policy & regulation  ·  23 May 2014
Regulation

Spanish Tax Authority is Monitoring Bitcoin for Use in Illicit Activities

Spain is keeping an eye on cryptocurrencies to ensure they are not used for purposes such as money laundering.

Policy & regulation  ·  23 May 2014
Regulation

France: Bitcoin Revenues Must be Declared to Tax Authorities

The French Ministry of Economy and Finance has stated that earnings from bitcoin transactions will be taxed.

Policy & regulation  ·  25 April 2014
Brazil

Bitcoin Regulation Roundup: Legislation, Liquidation and Rumor Mill

Jason Tyra examines the most significant bitcoin news from the world’s regulators and law courts.

Policy & regulation  ·  19 April 2014
Gold

Video: Inside the Offshore Vault Where Gold Trades for Bitcoin

CoinDesk's Kadhim Shubber visits the offshore vault where Bullion Bitcoin trades digital gold for the real thing.

Business  ·  16 April 2014
Brazil

Brazil to Tax Bitcoin Investors, Not Everyday Users

The Receita Federal, Brazil's tax authority, has said it will treat bitcoin and other digital currencies as financial assets.

Policy & regulation  ·  8 April 2014
IRS

The US Tax Man Speaks For The First, But Not Last Time

Baker Marquart LLP lawyer Brian Klein gives his take on the IRS's latest tax ruling on digital currencies.

Policy & regulation  ·  6 April 2014
Europe

Bulgarian Bitcoin Tax Guidance May Leave Money-Laundering Loophole

Bulgaria has announced it will tax digital currencies as income, but some have concerns over documentation requirements.

Policy & regulation  ·  3 April 2014
IRS

Libra Promises Bitcoin Tax Service to Ease Compliance With IRS Guidance

Libra will soon have a solution that simplifies reporting bitcoin capital gains on your tax reports.

Markets  ·  3 April 2014
IRS

Are the IRS Capital Asset Rules Realistic for Small Transactions?

The IRS really does want you to declare capital gains tax when you buy things with bitcoin.

Policy & regulation  ·  1 April 2014
IRS

How Israel Can, and Should, Become Ground Zero for Bitcoin

The IRS has opened the door for Israel to become the epicentre of digital currency innovation, argues Michael Eisenberg.

Policy & regulation  ·  31 March 2014
IRS

IRS Bitcoin Ruling May Have a Bright Side

Last week's IRS bitcoin guidance has reaffirmed bitcoin’s status as “digital gold”, argues Jon Matonis.

Policy & regulation  ·  31 March 2014
IRS

What the IRS Bitcoin Tax Guidelines Mean For You

The IRS finally released guidance on how it plans to tax bitcoin. Here's what it means.

Markets  ·  26 March 2014
Regulation

Denmark Declares Bitcoin Trades are Tax-Free

Denmark's Tax Board ruled today that gains from bitcoin trading are exempt from taxation, and losses are not tax-deductible.

Policy & regulation  ·  25 March 2014