these bitcoins after that date, from that moment on, these bitcoins must be accounted for as an investment and, at the time of realization, that is, sale or exchange, the capital gain must be determined and, if any , income tax must be paid. On the other hand, if this same company is not an exchange , that is, an intermediary company, but rather a company that buys and sells its own stock of cryptoactives, instead of going to the investment account, this balance in bitcoins must be released into stock, due to the company's corporate purpose.
These few examples demonstrate that accounting for the operations of crypto companies is quite complex and detailed and must Engineering Email List take into account several aspects, such as the company's corporate purpose, the nature and timing of the operation. Therefore, it is essential to "design" the corporate/tax/accounting model of the business before starting the operation, both to obtain the best tax benefit and to comply with tax and accounting standards, avoiding inspections and fines.
After the operation is underway and projections for the coming years are more accurate, it is also recommended to carry out due diligence to check whether everything is being done accordingly and whether the adopted tax regime really appears to be the most appropriate.Lawyer explains PL that gives tax incentives to those who donate to Covid research ConJur Editor PolicyTax Last week, the Chamber of Deputies approved Bill which creates a tax incentive program for companies to make donations to research institutes with the aim of financing projects related to combating Covid-19.