To improve your website experience Blockpit stores first- and third-party cookies on your device. By clicking on "Accept cookies", you accept this usage. For more information please read our Privacy More information

BLOG

Why KYC is the way to go

Why KYC is the way to go

01.08.2018 / Tax & Regulations

Regulators all over Europe worry about criminals using cryptocurrencies for money laundering, terrorist financing and tax evasion. TAX3, short for European financial crimes, tax evasion and tax avoidance committee, just released its first report on the legal implications of financial crimes via cryptocurrency.

Read more
Be aware - the tax authority is coming!

Be aware - the tax authority is coming!

17.07.2018 / Tax & Regulations

The days when cryptocurrencies were (nearly) totally anonymous are long gone. Struck by the reality that this anonymity would invite people to use cryptocurrencies for money laundering or other criminal activities, authorities now are topping up their taskforces to monitor crypto-traders and exchanges.

Read more
Wo trage ich Kryptowährungsgewinne in die Einkommensteuererklärung ein? (Anleitung für Privatanleger in Österreich)

Wo trage ich Kryptowährungsgewinne in die Einkommensteuererklärung ein? (Anleitung für Privatanleger in Österreich)

05.06.2018 / Tax & Regulations

In Österreich endet am 30. Juni die Frist für die Einkommensteuererklärung (via FinanzOnline). Kryptowährungen sind dabei bei so manchem Privatanleger ein nicht zu vernachlässigbarer Anteil geworden. Fragen wie – Wann besteht Steuerpflicht? Wann herrscht Steuerfreiheit? Wie müssen Gewinne aus Kryptowährungen eingetragen werden? – werden in diesem Beitrag beantwortet.

Read more
How to declare my cryptocurrency gains in the income tax declaration? (Guidance for Germany)

How to declare my cryptocurrency gains in the income tax declaration? (Guidance for Germany)

14.05.2018 / Tax & Regulations

In Germany, the deadline for tax declaration ends on 31st of May, and taxes on cryptocurrencies have become a not inconsiderable part for some people. Questions like - when is there a tax liability? When does tax exemption prevail? How must profits from crypto currencies be entered in the tax declaration? - will be answered in this post (only in german).

Read more
Cryptocurrencies in the tax declaration - what's the best way to do it?

Cryptocurrencies in the tax declaration - what's the best way to do it?

07.04.2018 / Tax & Regulations

Many "Crypto Traders" made big profits in the recent years. These profits need to be considered in the tax declaration and are also brought to execution by state institutions. Everything that is important related to cryptocurrencies in the tax return and the best way to do it, is written in this blog article.

Read more
EU’s 5th Anti-Money-Laundering (AML) Directive includes virtual currencies

EU’s 5th Anti-Money-Laundering (AML) Directive includes virtual currencies

01.03.2018 / Tax & Regulations

"Virtual currencies" and electronic “wallet providers” will be subject to the provisions of the Anti-Money-Laundering Directive in the future. While exhanges will have to forward data about their users to tax authorities, financial institutions like banks have to reject incoming payments higher than € 10,000 if there is no proof of origin.

Read more
Profit from cryptocurrencies - how do I apply the correct taxation?

Profit from cryptocurrencies - how do I apply the correct taxation?

24.09.2017 / Tax & Regulations

Even if Bitcoin & co are advertising with certain anonymity, the tax authorities already have certain tools to catch up to fraudulent behaviour, especially when high profits are involved. How do I evade tax fraud due to correct taxation?

Read more