Canada's Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike – Taxes Bitcoin News
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Australian tax office targets 1.2M crypto investors for tax compliance
Australian Tax Office seeks data from 1.2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax evasion has gained momentum, especially in Canada, Turkey, and the U.S. In a move aimed at enforcing tax compliance within the burgeoning crypto market, the […]
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Boom! April tax report crushes expectations
Collections of $6.324 billion last month exceeded the Healey administration’s monthly benchmark of $5.291 billion by $1.034 billion or 19.5 percent.
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With a Modest Financial Transactions Tax, Jim Simons Would not Have Been Superrich
The New York Times reported that Jim Simons, the founder of Medallion hedge fund, died this week. As a result of his fund, according to the article, he accumulated more than $20 billion over his lifetime. Simons was a math genius who had made many important breakthroughs in various areas of math. Back in the More