Category: Tax

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Nov 26, 2020 at 12:25 p.m. UTC Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript. Acknowledging the growing interest in this “relatively new tool,” Mishustin […]

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Canada Tax Collector Seeks to Force Crypto Exchange Coinsquare to Fork Over Client Records

Canada Tax Collector Seeks to Force Crypto Exchange Coinsquare to Fork Over Client Records

The Canadian Revenue Agency is asking a judge to force cryptocurrency exchange Coinsquare to hand over seven years of client data in a legal action that could help it audit Canadians for unreported crypto gains. CRA wants to check whether Coinsquare’s users “complied” with their tax reporting obligations, according to National Post. Canada’s tax collectors […]

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