Tax treatment of speculative digital currency transactions – UK

HMRC Guidance Note March 2014 mentions that the application of income, corporation or Capital Gains to a transaction will depend on the facts. See as follows: "Whether any profit or gain is chargeable or any...

No retrospective effect tax treatment of digital currencies – UK

HMRC Guidance NoteĀ of March 2014 on the taxation of digital currencies in the UK states: "Given this, the evolutionary nature of these cryptocurrencies and the legal and regulatory environments in which they currently operate, this...