налоги
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2 years in prison for unreported profits from bitcoin sales in Texas🤦🏻♂️💸
📰 News that shook the crypto world! 🚨
An early bitcoin investor from Austin, Texas, found himself at the center of one of the most significant cryptocurrency legal precedents. Frank Richard Algren III, who has been actively investing in bitcoin since 2011, was sentenced to two years in prison for tax evasion on $4 million in profits from cryptocurrency sales.
An early bitcoin investor from Austin, Texas, found himself at the center of one of the most significant cryptocurrency legal precedents. Frank Richard Algren III, who has been actively investing in bitcoin since 2011, was sentenced to two years in prison for tax evasion on $4 million in profits from cryptocurrency sales.
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• Authorities #ОАЭ exempted all cryptocurrency transactions from value added tax (5%), and this decision is retroactive - from January 1, 2018.
• This step helps legitimize cryptocurrencies and allows companies working with digital assets to return previously paid VAT.
• The tax exemption also applies to services such as investment fund management and conversion of virtual assets.
• The UAE is among the leaders in the adoption of digital assets along with Singapore and Turkey.
#налоги #turkey #новости
• This step helps legitimize cryptocurrencies and allows companies working with digital assets to return previously paid VAT.
• The tax exemption also applies to services such as investment fund management and conversion of virtual assets.
• The UAE is among the leaders in the adoption of digital assets along with Singapore and Turkey.
#налоги #turkey #новости
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🚀 Detroit accepts cryptocurrency for tax payments! 🚀
Detroit has become the first major city in the U.S. to allow residents to pay taxes and city fees with cryptocurrency through the PayPal platform. 🤯 This move is part of the city's initiative aimed at integrating new technologies for the convenience of residents. Now, crypto payments are not only possible but welcomed! 🏙️💰
"This initiative not only makes tax payments easier — it highlights Detroit's commitment to becoming a home for blockchain innovations," said Mayor Mike Duggan. Starting mid-2025, cryptocurrency payments will be available for anyone who wants to support the city's progressive approach. 🌐✨
Detroit has joined the states of Colorado, Utah, and Louisiana, which have already accepted crypto payments for government services. Are you waiting for crypto to become part of everyday life? 💬
#Detroit #Crypto #налоги #blockchain
Detroit has become the first major city in the U.S. to allow residents to pay taxes and city fees with cryptocurrency through the PayPal platform. 🤯 This move is part of the city's initiative aimed at integrating new technologies for the convenience of residents. Now, crypto payments are not only possible but welcomed! 🏙️💰
"This initiative not only makes tax payments easier — it highlights Detroit's commitment to becoming a home for blockchain innovations," said Mayor Mike Duggan. Starting mid-2025, cryptocurrency payments will be available for anyone who wants to support the city's progressive approach. 🌐✨
Detroit has joined the states of Colorado, Utah, and Louisiana, which have already accepted crypto payments for government services. Are you waiting for crypto to become part of everyday life? 💬
#Detroit #Crypto #налоги #blockchain
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🌍 What can and cannot be done with crypto in Russia 🇷🇺
🔥 The cryptocurrency world in Russia is not as wild as it seems! Although laws are gradually emerging, there are still things to consider. Here's what you need to know if you are a tax resident of Russia and own crypto:
📜 Is it possible to accept payments in crypto?
No! Payment for goods and services with cryptocurrency is prohibited for tax residents. Officially, crypto does not replace the ruble - and this is unlikely to change in the near future.
📜 Is it possible to accept payments in crypto?
No! Payment for goods and services with cryptocurrency is prohibited for tax residents. Officially, crypto does not replace the ruble - and this is unlikely to change in the near future.