crypto taxation – Crypto50x

US Internal Revenue Service (IRS), a model for Cryptocurrency Taxation

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Cryptocurrency emergence has been taunted by proponents as futuristic and a possible cause of change in how the financial systems operate. On the other hand, skeptics view it as an avenue for fraudsters and something that must be shunned. Whichever side you choose to identify with, the reality is that cryptocurrency in their various forms … Read more

Taxing Cryptocurrency, the troubles and possibilities

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Taxes collected from individuals and business organizations is no doubt the greatest source of government revenue. This is the case even in the wealthiest nations. Currently, the international financial system which basically involves fiat currency is by and large under full control of governments. An institution such as the central bank of a country executes … Read more