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G2A.COM Limited (commonly referred to as G2A) is a digital marketplace headquartered in the Netherlands, [1][2] with offices in Poland and Hong Kong. [3][4] The site operates in the resale of gaming offers and others digital items by the use of redemption keys. G2A.COM’s main offerings are game key codes for platforms such as Steam, EA app ...
All brokers and some crypto exchanges provide detailed information on your trades each year on a Form 1099. The tax form typically provides all the information you need to fill out Form 8949.
Form 8949 is where you report crypto sales and gains generated. The tax rate depends on the state you live in, how long you held the asset, and your tax bracket.
The Crypto-Asset Reporting Framework (commonly referred to as CARF) is a global initiative led by the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes which is intended to promoted the automatic exchange of information between countries to tackle emerging tax evasion risks related to cryptocurrency and digital ...
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin, launched by the company Tether Limited Inc. in 2014. [3]As of August 1, 2024, it was reported that Tether has $118.4 billion in reserves, with excess reserves of $5.3 billion, after reporting a $1.3 billion profit in the second quarter of 2024, putting Tether at a profit of $5.2 ...
Stellar is an open-source protocol for exchanging money or tokens using the Stellar Consensus Protocol. [1] The platform's source code is hosted on GitHub. Servers run a software implementation of the protocol, and use the Internet to connect to and communicate with other Stellar servers.
Crypto and U.S. money are similar in that they can both be used for the exchange of goods and services. In some cases, crypto income is taxed just like cash income. Both dollars and crypto can be ...
The Foreign Account Tax Compliance Act (FATCA) is a 2010 U.S. federal law requiring all non-U.S. foreign financial institutions (FFIs) to search their records for customers with indicia of a connection to the U.S., including indications in records of birth or prior residency in the U.S., or the like, and to report such assets and identities of such persons to the United States Department of ...