CRYPTO: Taxation on crypto-assets

Previously: Accounting for non-monetary asset? and Valuation of crypto (in the context of IFRS 13). Levies on Crypto Outside PH Tax Authority Tax law and crypto have one thing in common. According to a leading crypto digital thinktank, Crypto Research…
CRYPTO: Valuation of crypto (in the context of IFRS 13)

Updates on previous article (CRYPTO: Accounting for non-monetary asset?) Philippine Interpretations Committee (PIC) Q&A, February 2019The Philippine Interpretations Committee (PIC) approved PIC Q&A No. 2019-02 discussing Accounting for Cryptographic Assets in February 2019. The four (4) possible subsets of crypto-assets…
CRYPTO: Accounting for non-monetary asset?

Background As you may have already knew, crypto-assets first gained traction (with the name ‘Bitcoin’ a.k.a. the ‘digital’ gold) following the 2008/9 global financial crisis – created by people who lost their trust and respect to governments and central banks.…