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Taxes

AnchorZero’s Roth IRA Shields Pre-Listing Tokens from Capital Gains Taxes

AnchorZero’s Roth IRA Shields Pre-Listing Tokens from Capital Gains Taxes

Holders of token warrants, TGE tokens, and even staking and governance tokens can utilize the product.
IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule

IRS Demands KYC for DeFi in “Unlawful” Tax Reporting Rule

The U.S. government agency finalized the rule, requiring identification for DeFi front ends in a “dying gasp on its way out of power.”
Austin Man Sentenced to Two Years in Prison for Underreporting $4M in Bitcoin Gains

Austin Man Sentenced to Two Years in Prison for Underreporting $4M in Bitcoin Gains

Frank Richard Ahlgren III's tax evasion case highlights the growing scrutiny of cryptocurrency transactions by the IRS.
italy flag with bitcoin and minister

Italy Proposes 42% Capital Gains Tax on Bitcoin

The move would hike the tax rate from 26%.
UAE Rolls Out VAT Exemptions For Crypto Transactions

UAE Rolls Out VAT Exemptions For Crypto Transactions

Crypto transfers and conversions are now VAT-free in the United Arab Emirates.
ohio senate

Ohio Senator Proposes Crypto Tax Payment Bill

The bill aims to boost crypto adoption in Ohio by allowing residents and businesses to pay taxes using digital assets.
south korean flag

South Korea's Ruling Party Proposes to Delay Crypto Taxes by Three Years

The Asian nation awaits the Ministry of Economy and Finance’s decision on the proposed tax delay to January 1, 2028.
Are You Ready For Crypto Tax Season?

Are You Ready For Crypto Tax Season?

Tax forms 1040, 1099-MISC, and 1099-B are what most U.S. investors need to fill out.
The Proposed IRS Broker Reporting Rules Would Effectively Kill DeFi

The Proposed IRS Broker Reporting Rules Would Effectively Kill DeFi

The IRS's latest crusade into the realm of digital assets threatens to redefine the landscape of decentralized finance (DeFi) with its proposed broker reporting rules.
New IRS Rule Mandates Businesses Report Crypto Transfers Worth $10K+

New IRS Rule Mandates Businesses Report Crypto Transfers Worth $10K+

Businesses that fail to report receiving sums of at least $10,000 in crypto could face felony charges