Jump to content
The World News Media

Search the Community

Showing results for tags 'unrealized gains'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • English
    • Topics
  • Jehovah’s Witnesses's Topics
  • Jehovah’s Witnesses's Weekly Study Materials
  • Testigos de Jehová's Tema
  • Chevrolet Volt's Topics
  • Nederlands's Topics
  • ελληνικά's Topics
  • Μάρτυρες του Ιεχωβά's Topics
  • Tieng Viet's Topics
  • русский's Topics
  • Свидетели Иеговы's Topics
  • Polski's Topics
  • Świadkowie Jehowy's Topics
  • Mga Saksi ni Jehova's Topics
  • Testemunhas de Jeová's Topics
  • Portugués's Topics
  • Testimoni di Geova's Topics
  • Zeugen Jehovas's Topics
  • Deutsch's Topics
  • Témoins de Jehovah's Topics
  • Nouvelles du Monde's Topics
  • Español's Topics
  • Korea 세계 포럼's Topics / 주제
  • Tiếng Việt's Chủ đề


  • Records
  • Food and Drink
  • Health and Medicine
  • Religion
  • Español
  • Bitcoin


  • Community Calendar
  • Jehovah’s Witnesses's Events
  • Testigos de Jehová's Calendario
  • Chevrolet Volt's Events
  • Nederlands's Events
  • ελληνικά's Events
  • Μάρτυρες του Ιεχωβά's Events
  • Μάρτυρες του Ιεχωβά's Events
  • Tieng Viet's Events
  • русский's Events
  • Свидетели Иеговы's Events
  • Polski's Events
  • Świadkowie Jehowy's Events
  • Mga Saksi ni Jehova's Events
  • Testemunhas de Jeová's Events
  • Portugués's Events
  • Testimoni di Geova's Events
  • Zeugen Jehovas's Events
  • Deutsch's Events
  • Témoins de Jehovah's Events
  • Español's Events

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



About Me

Found 2 results

  1. US President Biden has released his budget proposal for the 2023 fiscal year and it isn’t all sunshine and roses for cryptocurrency in the States, despite local support from states like Florida, New York and Texas. Biden intends to impose mark-to-market rules to digital assets which are ‘actively traded’. This effectively means that investors are tax-liable for cryptocurrency gains that they have not yet realised by selling the asset in question. The above presents an hugely onerous obligations to investors which will surely push innovation and investment away from American shores. Biden dubs this the ‘modernisation’ of crypto regulations and expects the move would generate $6.6 billion in tax-revenue between 2023 and 2032. Furthermore, Biden wants to impose reporting requirements on US residents that hold more than $50,000 in offshore accounts. According to the Treasury, which expects the reporting tightening to generate $2.2 billion in revenue in ten years: "The global nature of the digital asset market offers opportunities for U.S. taxpayers to conceal assets and taxable income by using offshore digital asset exchanges and wallet providers," It is no secret that, as presidents go, Joe Biden is a big spender indeed. Though it seems foolhardy to force an emerging industry, like cryptocurrency, to shoulder to burden of his aggressive fiscal policy which is no doubt prompted by re-election pressures… https://decrypt.co/96270/biden-eyes-5-billion-2023-revenue-applying-new-tax-reporting-rules-crypto
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.