Virtual Currencies And Your Taxes

Digital Assets | Prager Metis | Jul 26, 2022

As virtual currency transactions rise, so does the enforcement of virtual reporting requirements. When reporting cryptocurrency on your tax return, a good rule of thumb is that you must report it on your tax return if a taxable event occurs. For cryptocurrency, taxable events fall under two categories: Capital Gain and Ordinary Income Loss. Learn more about cryptocurrencies and your taxes here.

2023-05-04T09:09:36-04:00
Featured UK
Jan 07, 2025
Martine Mbida
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UK Audit requirements (that may affect UK subsidiaries that are members of worldwide groups)

UK Audit Requirements Guide: Understanding audit exemptions and thresholds for UK subsidiaries within worldwide groups, including key qualifying conditions under Companies Act 2006 sections 477 and 479, updated requirements effective 6 April 2025, and essential considerations for small companies and group members. Learn more about qualification criteria, member rights, and compliance obligations for your UK business

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