Tag: tax evasion
IRS Clarifies Virtual Currency Definitions: Game Currencies No Longer Included
The IRS clarifies that game currencies like V-Bucks and Robux are not virtual currencies, impacting tax filing requirements.
Navigating Crypto Taxes: What Every Investor Needs to Know
Learn how to wisely report cryptocurrency transactions to avoid IRS penalties with this essential guide.
China’s PBOC Cracks Down on Cash Transactions: Is Digital Yuan Next?
PBOC’s new cash transaction restrictions in China may be paving the way for the digital yuan amid efforts to combat illegal activities.
Navigating the Updated Cryptocurrency Tax Guidelines in the UK
Explore the updated UK cryptocurrency tax guidelines from HMRC, including obligations for businesses and individuals involved with digital assets.
Australians Rally Against Proposed Cash Restrictions: Digital Currency Controversy Unfolds
Over 7,000 Australians sign a petition against cash restrictions that could limit digital currencies. Is financial privacy at stake?
Crypto Fraud Case: BC Supreme Court Rejects Asset Freeze Appeal
BC Supreme Court denies motion to lift asset freeze in $22.5M cryptocurrency fraud case against Cheng and Hobbs. Regulatory scrutiny rises.
UK Tax Authority Pursues Crypto Exchange Data to Combat Tax Evasion
HMRC urges crypto exchanges to share customer data to combat tax evasion, echoing global trends in crypto taxation.
Cryptocurrency Market Update: Bitcoin’s Roller Coaster and Altcoin Doldrums
Explore the latest trends in cryptocurrency markets as Bitcoin, Ether, and XRP fluctuate. Discover market insights and regulatory updates.
Brazil’s Crypto Tax Reporting: What You Need to Know Starting August 1
Discover Brazil’s new crypto tax reporting rules effective from August 1, and learn how to comply to avoid penalties.
IRS Sends Warning Letters to Crypto Investors: What You Need to Know
The IRS is sending letters to crypto investors for tax compliance. Discover what it means for you and how to respond.
