Search Results for: digital tax
Deloitte joins cryptocurrency industry group
July 21st, 2015
To work with ADCCA on accounting standards for bitcoin. Big four accounting firm Deloitte has joined the peak industry group representing digital currency traders in Australia, highlighting a growing mainstream focus on cryptocurrencies. Australian Digital Currency Commerce Association is ...
A&O and Freshfields win big on 888’s £900m purchase of Bwin after bidding battle
July 20th, 2015
Magic Circle duo Allen & Overy (A&O) and Freshfields Bruckhaus Deringer acted as the bidding battle for online gambling company Bwin.Party Digital Entertainment came to an end today (17 July) with 888 beating GVC to acquire the FTSE 250-listed ...
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
Deloitte Trials Blockchain Tech for Client Auditing
July 16th, 2015
Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte – one of the world’s ‘Big Four’ audit firms – becomes the ...
How Future Bitcoin Can Prevent a Future Greece
July 14th, 2015
The digital currency is at a turning point, evolving much more quickly than some observers realize Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in ...
Bitcoin surges as Grexit worries mount, posts best run in 18 months
June 17th, 2015
Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the ...
New Standard in Workflow Automation Software for Accounting Professionals
June 16th, 2015
XCM Solutions Unveils Major New Release at User Conference The 2015 Release Sets a New Standard in Workflow Automation Software for Accounting Professionals XCM Solutions, LLC, the leading provider of cloud-based workflow solutions for the accounting profession, unveiled the ...
No VAT on Bitcoin in Switzerland
June 15th, 2015
Excellent news from the Swiss Federal Tax Administration (ESTV): no VAT applies to Bitcoin in Switzerland. “This is excellent news for Bitcoin in Switzerland as it provides the legal certainty we need to professionally operate our business,” Niklas Nikolajsen, ...
CMC Markets profits surge 61 per cent
May 28th, 2015
CMC Markets Group reports underlying profits before tax increase by 61 per cent to £51.9 million The Group capital ratio stands at 24 per cent (301 per cent pre CRD IV) with minimal debt and own funds of £141 ...
Top 10 Countries in Which Bitcoin is Banned
May 27th, 2015
Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are ...
