MetaMask firm counters FUD, says it doesn’t collect taxes from wallet users

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Biden opposes agreement that could protect “tax cheats and crypto traders”

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President Bukele eliminates all taxes on tech innovations

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Kenya introduces 1.5% tax to crypto companies

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Op-ed: Even free crypto is taxable – what to look out for this tax season

Ad Crypto holders are always looking for airdrops or free crypto – but many don’t consider the associated tax obligations. If you’re based in the US, it’s not great news regarding airdrop taxes. Airdrops have become an increasingly popular method for projects to distribute tokens to the public. These airdrops often involve the unprompted delivery…

New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades

Ad CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The new partnership hopes to assist millions of customers in preparing their income tax returns in Canada, the US, and Australia through an integration that will enable crypto users to benefit from H&R Block’s tax preparation services while using CoinTracker’s specialized…

Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners

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Biden to propose changing crypto tax rules: WSJ

Ad U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. Biden’s budget plan will target wash trading Biden’s budget plan could directly affect crypto investors. The Wall Street Journal says that the president will propose a change…

Historic legacy bank enables Brazilians to pay taxes using crypto

Ad Brazilian bank Banco do Brasil and crypto firm Bitfy will enable Brazilian taxpayers to pay their taxes using cryptocurrencies. Banco do Brasil is the country’s oldest bank and among the world’s oldest functioning banks. Under the partnership, Bitfy will act as the bank’s “collection partner,” allowing users with crypto on the Bitfy platform to…