taxes | ForkLog

ForkLog 15 10.05.2021

Opinion: SARS to top up the budget through crypto traders

The South African Revenue Service (SARS) is looking to increase budget revenues from holders of digital currencies. This view is shared by Thomas Lobban, head of the cross-border taxation unit at Tax Consulting South Africa, according to BusinessTech.

AI translated

ForkLog 5 06.05.2021

IRS to gain access to Kraken customer data

A federal district court in the United States ordered Kraken to provide the IRS with information about users who conducted large trades in 2016–2020.

AI translated

ForkLog 9 03.05.2021

South Koreans back tax on cryptocurrency traders

More than half of Realmeter's survey participants supported introducing a capital gains tax on cryptocurrency trading in South Korea.

AI translated

ForkLog 21 30.04.2021

Trezor touts strong protection against government attempts to hack wallets

The developers of the Trezor hardware wallet highlighted its resilience against attempts to breach wallet security as US authorities plan to build a tool to bypass protections and access crypto assets.

AI translated

ForkLog 9 23.04.2021

Seoul residents’ cryptocurrency worth $22m seized over tax evasion

The Seoul government seized digital currency worth 25 billion won ($22 million) from private individuals and company executives who evaded taxes.

AI translated

ForkLog 9 19.04.2021

Miami-Dade authorities weigh paying taxes in bitcoin

Miami-Dade County Commissioner Cohen Higgins announced the creation of a task force to study the possibility of paying taxes in digital assets.

AI translated

ForkLog 18 15.04.2021

Ukraine backs prison terms for concealing cryptocurrency holdings worth more than $40,500

On 15 April, the Verkhovna Rada of Ukraine approved in the first reading a bill that reinstates criminal liability for false declarations by officials.

AI translated

ForkLog 7 15.04.2021

In Ukraine, proposal to include Bitcoin wallet addresses in declarations

The public union "Virtual Assets of Ukraine" proposed to the head of the National Agency for the Prevention of Corruption, Alexander Novikov, changes to the cryptocurrency declaration process.

AI translated

ForkLog 17 15.04.2021

Ukrainian MP reveals loss of access to wallet containing 400 BTC

Ukrainian officials who declared Bitcoin holdings worth billions of hryvnias say they do not realise the trouble they’ve landed in; this was stated by Verkhovna Rada deputy David Arakhamiya.

AI translated

ForkLog 16 09.04.2021

Ukrainian deputy retracts 18,000 BTC cited in his declaration

Dnipro City Council deputy Vyacheslav Mishalov, who declared 18,000 BTC for 2020, said the data were erroneous.

AI translated

ForkLog 14 08.04.2021

Ukraine to scrutinise officials’ declared cryptocurrency holdings

The National Agency for Prevention of Corruption (НАПК) of Ukraine will verify officials who declared cryptocurrencies in their 2020 declarations. This was announced on Facebook by сообщил the head of the Directorate for Mandatory Full Checks at НАПК, Sergei Petukhov.

AI translated

ForkLog 7 08.04.2021

Experts record surge in Russians declaring cryptocurrency transactions

Residents of the Russian Federation have in recent months increasingly reported income from cryptocurrency transactions in their declarations, according to leading consulting and legal firms and the Center for Strategic Developments.

AI translated

#taxes