Tax
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Web 3
Crypto Folk Are Generous! (And Also Love Tax Breaks)
TL;DR Full Story We love ending our week with some feel-good-news… High US charities are accepting cryptocurrency for donations and…
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NFT
NFT tax loss harvesting spikes as year-end deadline approaches
Because the 12 months’s finish approaches, NFT merchants are lastly discovering a use for the nugatory tokens of their wallets:…
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NFT
Got ‘Worthless’ NFTs? This Startup Buys JPEGs for a Penny to Harvest Tax Losses
For the overwhelming majority of NFTs, the brutal bear market of the final two years wasn’t only a part: Some…
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Analysis
Nearly 50 Jurisdictions Partner To Enable Automatic Info Exchange Between Crypto Trading Firms and Tax Agencies
Practically 50 nations together with the US are collaborating to allow automated data trade between crypto buying and selling companies…
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NFT
Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter
On this week’s publication, examine how German flagship airline Lufthansa makes use of nonfungible tokens (NFTs) to reward loyal clients…
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Analysis
U.S. Treasury and Internal Revenue Service Publish New Proposed Crypto Tax Regulations
The U.S. Division of the Treasury and the Inner Income Service (IRS) are collectively proposing new tax rules for the…
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Web 3
Rewarding Crypto Tax Compliance with NFTs in India
TaxNodes, a platform for computing taxes on earnings derived from cryptocurrency actions and facilitating ITR submitting, is breaking new floor.…
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NFT
Crypto Miners Dodge 30% Energy Tax as Part of US Debt Ceiling Deal
The Alpha: A latest bipartisan settlement on the U.S. debt ceiling might bypass a number of proposed tax will increase,…
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Altcoins
LUNC Burn Tax Set To Rise To 0.5% As KuCoin Proposal Receives Approval
After garnering the required votes, a serious proposal has simply handed within the KuCoin community. The proposal geared toward elevating…
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Learn
Best Crypto Tax Software for the Tax Season
newbie Are you uninterested in the effort of calculating your cryptocurrency taxes? With the rise of digital currencies, protecting observe…
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