tax

According to reports, the UK Charity Council issued guidelines on Wednesday stating that Welsh charitable organizations that accept cryptocurrency donations should keep accurate re

According to reports, PwC plans to invest $1 billion in generative artificial intelligence technology in its US business over the next three years, collaborating with Microsoft and

On March 30, the Supreme Court of Denmark ruled in two cases that the profits from the sale of Bitcoin were taxed. The two cases were for the sale of Bitcoin purchased and the sale

It is reported that the Wall Street Journal quoted the draft budget for the fiscal year 2024, and that the US President Joe Biden would propose to change the tax on cryptocurrency transactions. Biden predicted that this would increase the tax revenue of the industry by up to $24 billion. The White House spokesman confirmed that the proposed regulations should reduce false transactions. The plan involves loss-making cryptocurrency sales to lock in losses that are not taxable. Then the investor repurchases assets of similar amount again. Interpretation of this information:…

According to reports, Terrence Yang, Managing Director of Swan Bitcoin, said that cryptocurrency investors may want to ensure the security of all relevant tax information in this quarter. The IRS and the Securities and Exchange Commission (SEC) pay special attention to digital assets. Although the IRS has regulations and restrictions on the use of capital losses, any remaining capital losses can be carried forward to other tax years. However, this benefit only applies to Bitcoin, not to most other cryptocurrencies. Bitcoin is currently regulated as a commodity, while most other…