Posts on the Topic Capital

Flow-Through Shares (FTS) in Canada allow mining companies to pass tax deductions for exploration expenses onto investors, providing a strategic tool for raising capital and offering significant tax benefits to investors while supporting the growth of the resource sector....

Mining tax calculators simplify the complex task of calculating cryptocurrency mining taxes by automating capital gains and losses, offering efficiency and accuracy. They help import transaction data from various sources, calculate financial standings, identify tax-saving opportunities like LTFO strategy or...

The repeal of Australia's mining tax has freed up capital for mining companies, potentially redirecting investments into innovative sectors like cryptocurrency and emerging technologies. This shift could lead to increased research in blockchain, institutional investment in digital currencies, and a...

The article explains that cryptocurrency mining in the USA is considered a taxable event by the IRS, requiring miners to report income and capital gains based on fair market value at receipt. It emphasizes the importance of meticulous record-keeping for...

Crypto mining involves complex tax obligations, with mined coins taxed as income upon receipt and potentially subject to capital gains taxes when sold or traded; understanding these nuances is crucial for effective financial planning. Miners must distinguish between hobby and...

Understanding mining taxes is crucial for both crypto and traditional miners, as they face various tax types like income, capital gains, production, and excise taxes; optimizing your strategy through detailed record-keeping, leveraging deductions, considering business structures, staying informed on regulations,...