Tax authorities in Norway have urged diligence when reporting cryptocurrency profits after news emerged that two miners paid just 74,000 kronor ($8750) in tax on reported holdings of 34 BTC ($218,000). Much Bitcoin, Little (Taxable) Wealth As local news outlet Dagens Næringsliv reports August 20, Philip Eriksen and Roy Arne Olsen amassed the funds from a now-defunct mining operation over an extended period. The pair first made known about their success in interviews with theRead MoreThe post Norway: Crypto Miners See Millions in Profits, Tax Office Sends Reminder appeared first on Bitcoinist.com.
