Search
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
3.8.2023
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...
IRS probes crypto traders using Puerto Rico tax breaks: Report
13.7.2023
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime
How to use tax planning strategies for maximum savings
11.7.2023
Learn how to navigate tax laws and regulations for optimal financial management
India's Crypto Space Has Been "Crippled" Under Crypto Tax Laws: Report
4.1.2023
India's crypto industry has been "crippled" under the country's controversial tax laws in 2022.
According to a new report by Esya Centre, a Delhi-based technology policy think tank, Indian crypto investors have moved over $3.852 billion (INR 32,000 crore) worth of digital assets from local...
The State of Crypto Taxation in India: Past, Present and Future
14.11.2022
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals
Japanese Regulator Wants to Reform Crypto Tax Laws for Companies & Investors
1.9.2022
Japan’s top financial regulator, the Financial Service Agency (FSA), has indicated that it is prepared to reform the nation’s tax laws that govern the way firms and their investors are taxed on their interactions with crypto....
Read More: Japanese Regulator Wants to Reform Crypto Tax Laws...
Japanese Crypto Industry Urges Tokyo to Reform Tax Laws
6.8.2022
Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries.
The proposals come from the Japan Cryptoasset Business Association (JCBA) and the Japan Virtual Currency Exchange Association...
Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws
6.6.2022
Terra network coin holders in India are facing a “double whammy” following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop.
The genesis airdrop was made on May 30, with LUNAC holders distributed tokens now known as LUNA. However...
Spain’s Basque Country Readies its Own Crypto Tax Laws, Exchanges to Be Forced to Report on Clients
20.5.2022
While central governments continue to hum and haw about the how, whens, and whys of crypto taxation and regulation, some provincial governments have decided to go it alone – particularly in the Basque Country, Spain.
El Indipendiente reported that all three of the Basque Country’s major Western...
First Mover Asia: Trading on Indian Crypto Exchange Continues to Slump Following New Tax Laws; Cryptos Higher
28.4.2022
‘We Have Entered a Period of Pain,’ Says WazirX CEO of India’s New Tax Laws
25.3.2022
Nischal Shetty, one of the most prominent figures in India’s crypto industry, talks candidly and at length about what’s at stake with the country’s new tax provisions
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking
9.3.2022
PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely...
Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
10.1.2022
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else...
Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location
15.11.2021
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because...
Slovenian finance ministry seeks public opinion on crypto tax laws
27.10.2021
Slovenia's crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies
South Korean lawmaker: Delaying tax laws on crypto is 'inevitable'
16.9.2021
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable situation,” said Noh Woong-rae
Argentinian Province Introduces Sweeping Crypto Tax Laws
5.2.2021
The central province of Córdoba, Argentina, appears to have had enough of waiting for the national government to act on crypto tax – and has instead moved to introduce a local tax on the crypto activities of its residents.
Per CBA24n, the provincial legislature has voted in favor of a new bill that...
Coinbase Exec Says Capital Will Flee US Due to Crypto Tax Laws
8.7.2020
Coinbase’s chief tax officer Lawrence Zlatkin says global customers are the future as non-U.S. jurisdictions are more open-minded