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“#Albany progressives drive away job-creators with tax hike” The golden goose can fly. For the first time ever, all three elements of a successful post-industrial urban economy — capital, high-income labor and financial transactions — are almost instantly mobile. It’s about the worst time ever to attempt to impose multiple untested new taxes on all…
“# Crypto can be lucrative, but make sure you’re ready for the taxman ” Hindsight is 20/20, but when money is on the line, being prepared can give investors better foresight. Just over a year and a half ago, Investopedia reported on the panic among many crypto investors who’d found themselves on the wrong side…
“# South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022 ” South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both trading and holding cryptocurrencies will be subject to the tax, reported…
“#NYC tax agency subpoenaed in Trump criminal probe” The Manhattan District Attorney’s Office has subpoenaed a New York City property tax agency as part of a criminal investigation into Donald Trump’s company, the agency confirmed on Friday, suggesting prosecutors are examining the former president’s efforts to reduce his commercial real-estate taxes for possible evidence of…
“#Why Andorra is the new ‘Silicon Valley for YouTubers’” A tiny, isolated nation in the mountains of Europe is the hottest new destination for social media stars, it was revealed on Friday. Andorra, a principality of 77,000 that’s sandwiched between Spain and France in the Pyrenees mountain range, is typically thought of as a ski…
“# Swiss canton of Zug starts accepting tax payments in cryptocurrency ” The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Bitcoin Suisse, a local crypto broker that enabled the new opportunity in partnership with the canton, announced Feb. 17 that the crypto payment…
“# Russian Duma prepares bill on cryptocurrency taxation ” Russian lawmakers are actively preparing new legislation for taxing cryptocurrencies like Bitcoin (BTC). According to an official announcement by the Russian State Duma, the Duma’s Committee on State Building and Legislation has approved a bill on cryptocurrency taxation on Feb. 15. The new bill represents a…
“# Miami council supports mayor’s move to offer city worker salaries in Bitcoin ” Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city’s administration. Announcing the news on Twitter, the Mayor said that the city commission has supported the…
“# Bitcoin core non-profit gets approved for tax exemption, perks for donors ” A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors. Brink, which launched in the fall, has been approved as a 503(c)(3) organization according to a Feb. 10 blog post….
“#Mitt Romney leads the way on the pro-family GOP of the future” Mitt Romney has often put himself at odds with the GOP’s populist base, but the Utah senator is right on one thing: Pro-family policies matter more to the US working class than just about anything else, especially in the pandemic era. The Family…