The European Union (EU) is no stranger to taxation, and the digital currency Tether (USDT) is no exception. As a new asset class, USDT has attracted considerable attention from regulators and policymakers who seek to ensure that profits generated from this novel financial instrument are appropriately taxed. Given its regulatory uncertainty, it’s important for participants […]
The taxation of US dollar transactions (USDT) in Canada can be a complicated and confusing endeavour for both businesses and individuals. In order to make sure that everyone is abiding by the laws and regulations, it is important to understand how the Canadian government deals with these types of transactions. When it comes to USDT […]
In the United States, Tether (USDT) is a type of digital asset or cryptocurrency that is regulated by the U.S. Internal Revenue Service (IRS). As such, individuals who own or transact with USDT are subject to taxation and must report their earnings to the IRS. This article will explain the basics of taxes related to […]