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Nalezeno "Taxes": 880

South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January


The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing virtual assets...

Japan’s Crypto Tax Win: What You Need to Know About the 2028 Timeline


Japan is moving from a punitive miscellaneous income tax of up to 55% to a flat 20.315% separate taxation regime, aligning crypto with traditional stocks. The reform introduces a three-year loss carryforward, allowing traders to offset gains against past losses, a major step toward treating crypto...

Brazil Backpedals on Crypto Taxation as Presidential Election Looms


A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed Economy Minister, will focus on other issues to avoid losing further support from lawmakers. Crypto Taxation...

Former Presidential Hopeful Andrew Yang Proposes to Tax AI Instead of Labor


Yang, who campaigned in favor of a $1,000 universal basic income (UBI) back in 2020, stated that as more companies substitute labor with AI, there should be a shift to tax these artificial solutions rather than labor, as a popular backlash against the tech is brewing. Andrew Yang Vows to Tax...

Brazil to Propose 3.5% Tax on Stablecoin Purchases and Remittances


The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchanges subject to the existing Tax on Financial Transactions (IOF). Brazil Prepares...

Brazil Prepares to Tax Cryptocurrency Flows


The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected to spark a fierce discussion in Congress and even legal actions. Brazil Aims...

Brazilian Crypto Industry to Sue if Government Pursues Stablecoin Taxation


Julia Rosin, President of Abcripto, the Brazilian Association of Cryptoeconomics, stated that if the Ministry of Finance decides to tax stablecoins transactions by decree, the institution will take legal actions alleging unconstitutionality. Abcripto groups over 50 companies of the Brazilian crypto...

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