Australian Tax Agency Seeks Public Input Concerning Cryptocurrency Taxes (news.bitcoin.com)

The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets.
Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes

Bitcoin

The Bitcoin Game #53: Advanced Crypto Taxes with Zac McClure (letstalk)

Hello, welcome to episode 53 of‚The Bitcoin Game, I’m Rob Mitchell. In this episode I speak to Zac McClure of TokenTax, in what I feel is one of the most in-depth cryptocurrency tax discussions I’ve ever heard on a podcast. We discuss everything from like-kind cryptocurrency exchanges to the idea of selecting specific cost-basis cryptocurrency when giving a gift. We also cover some of the features of TokenTax, a new service to help people manage cryptocurrency taxes.If you decide to…

Bitcoin

Do You Have to Pay Taxes on Bitcoin Earnings? Taxpayers Could Pay the Price if They Don't, IRS …

The IRS has warned people who own bitcoin that they must report their cryptocurrency earnings when they file their taxes. Cryptocurrencies, like bitcoin, Ethereum, Litecoin, are the same as property, and tax payers who do not report them could be audited, the IRS warned in a statement Friday. “In more …
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