taxes | ForkLog

ForkLog 11 23.08.2021

Coinbase executive sees infrastructure bill as a threat to millions of Americans

The crypto tax provisions in the U.S. infrastructure bill affect the interests of some 60 million Americans who own them. This view is held by Coinbase's vice president of taxes, Lawrence Zlatkin.

AI translated

ForkLog 11 15.08.2021

Media: U.S. Treasury to Publish Guidance on Crypto-Company Taxation

The U.S. Treasury Department will clarify the tax reporting requirements for crypto companies, part of the infrastructure bill. These provisions will apply only to entities the Treasury regards as brokers.

AI translated

ForkLog 9 13.08.2021

US House Democrat Anna Eshoo urges amendments to cryptocurrency provisions in infrastructure bill

U.S. Representative Anna G. Eshoo, in an open letter, urged Speaker Nancy Pelosi to amend the cryptocurrency tax provisions in the infrastructure bill.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 10 12.08.2021

TaxBit reaches unicorn status after a $130 million funding round

TaxBit, a software company that develops cryptocurrency tax calculation and accounting automation, raised $130 million in a Series B round. The startup joined the unicorn club with a valuation of $1.33 billion.

AI translated

ForkLog 11 12.08.2021

Iranian tax authority urges legalisation of crypto exchanges

The Iranian National Tax Administration (INTA) has called for a legal framework to tax cryptocurrency exchanges operating in the country. Local media report.

AI translated

ForkLog 12 10.08.2021

U.S. Senate sends infrastructure bill to House of Representatives without cryptocurrency amendments

The U.S. Senate sent a bipartisan $1 trillion infrastructure bill to the House of Representatives in its original form.

AI translated

ForkLog 6 09.08.2021

US Senate votes down compromise amendment on cryptocurrency taxation

U.S. Senators Cynthia Lummis and Pat Toomey announced a compromise among Democrats, Republicans and the Treasury Department on provisions of the infrastructure plan aimed at additional taxation of cryptocurrencies.

AI translated

ForkLog 9 09.08.2021

U.S. Senate ends debate on crypto-tax amendments

On Sunday, 9 August, the U.S. Senate voted to end debate on amendments to the infrastructure bill, some provisions of which target additional taxation of the crypto industry.

AI translated

ForkLog 11 08.08.2021

Jack Dorsey joins criticism of US plan for expanded crypto taxation

Jack Dorsey has criticised the plan for expanded cryptocurrency taxation in the United States and proposed his own approach to solving the problem. According to the Twitter chief, the bill as currently drafted runs counter to the development of innovation in the United States.

AI translated

ForkLog 8 07.08.2021

Elon Musk joins criticism of the expanded US cryptocurrency tax plan

Industry representatives opposed the expanded US cryptocurrency tax plan, notably criticising the Portman–Warner–Sinema amendment.

AI translated

ForkLog 9 06.08.2021

Co-author of U.S. plan for expanded cryptocurrency taxation backs amendments to bill

U.S. Senator from Ohio Rob Portman backed the amendments proposed by colleagues that would carve out certain types of cryptocurrency business from the bipartisan infrastructure funding plan.

AI translated

ForkLog 10 05.08.2021

US lawmakers propose amendments to bipartisan plan for expanded cryptocurrency taxation

A group of senators Ron Wyden, Cynthia Lummis and Pat Toomey proposed exempting miners, node operators, software developers and other non-custodial participants from the bipartisan plan to fund infrastructure spending.

AI translated

#taxes