Tags: Taxes

Cryptocurrency and Taxes: A Guide for the 2023-2024 US Tax Season

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations.

Under the new taxes, Brazilian citizens will pay the state up to 15 of their crypto profits.

The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year.

The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya.

According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions.