New IRS Crypto Tax Form: What Your Broker Will Report Next Year
Apr 21, 2024 16:26 pm UTC| Technology Digital Currency Business Law
The IRS has introduced a draft of the 1099-DA tax form, a new document for reporting cryptocurrency transactions. Set to impact brokers and investors, this form will track gains and losses in digital asset exchanges...
TikTok Faces Imminent US Ban as House Passes Bill, Biden Ready to Sign
Apr 21, 2024 09:24 am UTC| Technology Law
The U.S. House of Representatives has passed a bill potentially banning TikTok nationwide, with President Biden signaling readiness to sign it into law. This marks a significant shift amid ongoing concerns over data...
Apple Pulls WhatsApp, Threads from China Store; US Moves to Force TikTok Sale
Apr 19, 2024 04:00 am UTC| Technology Business Law
Apple has removed WhatsApp and Threads from its China App Store following government orders, amid escalating tensions over app security. Concurrently, US Congress advances legislation requiring TikToks Chinese owner,...
Canada Set to Enforce OECD Crypto Tax Standards by 2026
Apr 19, 2024 02:38 am UTC| Technology Digital Currency Business Law
Canada has announced plans to adopt the OECDs Crypto-Asset Reporting Framework (CARF) by 2026, aligning with global efforts to standardize cryptocurrency taxation. The move aims to enhance transparency and regulatory...
Apr 18, 2024 06:24 am UTC| Insights & Views Law
Irelands new prime minister is a relatively young man leading a comparatively young republic that is experiencing several unprecedented challenges. Simon Harris was confirmed as taoiseach, or prime minister, on April 9,...
Mexico’s slow slide towards vigilante violence
Apr 18, 2024 06:21 am UTC| Insights & Views Law Life
Mexico has witnessed two high-profile public lynchings within the space of two weeks. In late March, a woman suspected of murdering an eight-year-old girl in Taxco, Guerrero, was lynched by an angry mob. Then, on April 9,...
Why experts fear the EU’s new migration laws could lead to more deaths at sea
Apr 18, 2024 06:20 am UTC| Insights & Views Law
A little over ten years after a boat carrying migrants from Libya to Italy sank off the coast of Lampedusa, claiming the lives of 368 migrants, another boat has capsized in the same waters, around 50 km off the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight