Reporting of Income and Payment made via Virtual Currency

Reporting of Income and Payment made via Virtual Currency In the current year, virtual currencies have taken the entire world by storm. At the current times, they look like ever appreciating assets but with profound risks involved. If you have been even remotely aware of the proceedings, you would have heard of Bitcoin and its [...]

2018-05-19T19:54:20+00:00 January 16, 2018|Virtual Currency|0 Comments

Bitcoin Mining as Business? Know its Tax Implications.

Bitcoin Mining as Business? Know its Tax Implications.. Slowly yet steadily virtual currencies are making their way into our lives. It has garnered a lot of interest amongst investors. While some feel that virtual or crypto currency is the future of money, others believe these are good investment instruments. You must be naïve to think [...]

2018-05-19T19:56:17+00:00 January 12, 2018|Virtual Currency|0 Comments

Is Virtual Currency Taxable???

Is Virtual Currency Taxable??? If you haven’t heard of the phenomenal rise of the crypto currency Bitcoin, then you are missing out on something. Right from its mysterious founder(s) to its astounding growth this year, Bitcoin is intriguing, to say the least.One of the prime reasons as to why it is attracting more investors by [...]

2018-05-19T19:58:50+00:00 January 3, 2018|Virtual Currency|0 Comments