Contributed by: Meaden & Moore.
Every two years, the Association of Certified Fraud Examiners (ACFE) publishes its Report to the Nations, which highlights key fraud trends. New to the study in 2022 were statistics on the role cryptocurrency plays in fraud. Here are the details.
Welcome to the final part of this GBV series seeking to demystify the world of the cryptocurrency – valuable fiscal tool or fantasy investment vehicle with no intrinsic value?
Accounting for Cryptocurrencies – Can the Opinion of the German Tax Authorities Be a Model?
Bitcoin was originally intended as a commercial tradable currency that everyone could use day-to-day.
In this edition, we continue to explore the real-life practicalities of cryptocurrency ownership – buying, storing and spending. Last time we looked at the rollercoaster changes in cryptocurrency prices, and now we consider safety, security and daily practicality.
In the first edition of the series, we looked briefly at the latest developments, considered mining and uncovered the environmental concerns. In this second edition, we talk about practicalities; what’s the likely impact of the authorities and regulation, and which cryptocurrency should you choose.
Contributed by BKL.
If you’ve made large gains through investing in cryptocurrency, you may be planning to transfer your wealth back to fiat currency to fund the purchase of a new family home, investment properties, share portfolios or other ‘tangible assets’. You may also be considering how to structure your new wealth in the most tax efficient way.
Contributed by BKL.
If you’ve made large gains through investing in cryptocurrency, you may be planning to transfer your Our experts in blockchain and cryptocurrency tax were pleased to team up with Mackrell Solicitors and Armanino LLP to discuss digital asset tax on 25 May 2021.
What do you say when your client asks you about cryptocurrencies? In this short series of Global Business Voice (GBV) Business Alerts, we explore the unfolding phenomenon of cryptocurrencies, Bitcoin chief amongst them. We are aiming to demystify the topic and put things in layman’s terms. In this GBV we unpack Bitcoin mining and why being bad for the planet might burst the bubble.