Three weeks left for crypto investors before IRS changes reporting rule
Major changes to IRS cost basis reporting requirements for crypto purchases are going into effect on January 1, 2026.
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Major changes to IRS cost basis reporting requirements for crypto purchases are going into effect on January 1, 2026.
Read more (2 min) →A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets.
Many were led to believe that Kamala Harris' unrealized gains tax would force them to sell off their crypto and mail the proceeds to the IRS.
HMRC has reminded UK crypto traders to pay taxes when they receive crypto as part of a trade or via income from crypto-related activities.
The UK gov't wants to know how many times a crypto asset has been transacted, how much it cost, what exchanges were used, and any profits.
The UK's 40% tax rate means that £100,000 in inherited crypto could still incur a £40,000 bill, even if bereaved families can never spend it.
The Panamanian Legislative Assembly has unanimously passed a bill recognizing digital assets as foreign-source income in a 40-0 vote.
After pushback from local industry insiders, Thailand has dropped its plans for a 15% crypto tax that would've penalized traders.