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Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to Businesses
19.11.2024
Coinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses. Coinbase’s CEO Challenges America’s Tax Code Chaos With Controversial Idea Brian Armstrong, CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN),...
South Korean city threatens to sell crypto of tax debtors
18.11.2024
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November
South Korean city threatens to sell crypto of tax debtors
18.11.2024
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November
South Korean city threatens to sell crypto of tax debtors
18.11.2024
Paju city officials in South Korea targeted citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November
South Korean city threatens to sell crypto of tax debtors
18.11.2024
Paju city officials in South Korea target citizens with unpaid taxes, threatening to seize and sell their crypto assets if debts are not cleared by the end of November
US gov’t job could allow Elon Musk to defer capital gains tax
15.11.2024
The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes
US gov’t job could allow Elon Musk to defer capital gains tax
15.11.2024
The “DOGE” department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes
Donald Trump to Scrap Crypto Gain Taxes on US-Issued Cryptos: Sources
14.11.2024
President Donald Trump is reportedly planning to scrap all capital gains taxes on cryptocurrencies issued by US companies.…
Italy scales back plans to hike crypto tax rate: Report
12.11.2024
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one
Italy scales back plans to hike crypto tax rate: Report
12.11.2024
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one
Detroit residents will be able to pay taxes with crypto from mid-2025
8.11.2024
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels
Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal
7.11.2024
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury
Kenya Collects Over $77M in Taxes From 384 Crypto Traders
6.11.2024
The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $465 Million in Crypto Taxes The Kenyan government collected $77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year...
IRS: Frozen Crypto Rewards Taxable Despite Account Lockdowns
2.11.2024
Crypto rewards received before an account freeze are taxable in the year they’re received, even if holders can’t access their funds later, the IRS says. IRS Clarifies Tax Rules for Digital Assets in Locked Accounts The Internal Revenue Service (IRS) issued a memorandum in October, addressing...
Italy’s finance minister defends 42% crypto capital gains tax plan
31.10.2024
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes
Italy’s finance minister defends 42% crypto capital gains tax plan
31.10.2024
Giancarlo Giorgetti said cryptocurrencies like Bitcoin presented a “very high level of risk,” highlighting the need for additional taxes
Brazilian Central Bank Considers Taxing Stablecoin Remittances
31.10.2024
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based...
Michael Saylor posts fake quote from Trump on crypto to 3.6M followers
30.10.2024
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax
Former President Trump floats idea of eliminating federal income tax
27.10.2024
According to the most recent Polymarket odds, the former President currently has a 65% chance of winning the Presidential election
Former President Trump floats idea of eliminating federal income tax
27.10.2024
According to the most recent Polymarket odds, the former President currently has a 65% chance of winning the Presidential election