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declare

28 Jan 23

US IRS wants everyone to declare if they engage in crypto

The Internal Revenue Service (IRS), responsible for enforcing federal tax laws in the United States, recently published a list of reporting obligations for the general public regarding cryptos as the time for filing the 2022 federal income tax return draws near. The IRS recommends selecting ‘yes’ if you acquire, transfer, or sell cryptos Since “virtual […]

11 Jan 23

Argentina legislation may force citizens to declare their digital asset holdings

Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering rules and will be presented to the Federal Administration of Public Revenues (AFIP) in the […]