Sunday, 26 July 2015

Singapore revenue authority recognizes and taxes Bitcoin

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn+The Inland Revenue Authority of Singapore (IRAS), the entity responsible for the country"s tax law, has decided to recognize Bitcoins as "goods", not a currency, and issued some guidelines on how to handle capital gains, earnings and sales tax on Bitcoin exchanges and related sales.Read More
Singapore revenue authority recognizes and taxes Bitcoin

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