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Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How
5.12.2022
There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out
1.12.2022
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating...
Italy to impose 26% capital gains tax on crypto profits
1.12.2022
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3)
Italy Wants to Tax Crypto Gains at 26% From 2023
1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...
EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan
30.11.2022
A draft bill seen by CoinDesk also covers stablecoins, crypto derivatives and companies outside the bloc
Xmas Crypto Price Prediction - Santa Claus Rally? Tax Loss Harvesting Dump?
27.11.2022
Traders often predict these two catalysts will drive crypto prices up or down in December - a 'Santa Claus rally' and tax loss harvesting.
The two terms are older than cryptocurrency, commonly discussed by stock traders at the end of each financial year. Just how accurate are they for making...
Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax
23.11.2022
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets...
Kenya Proposes Bill to Tax Crypto
21.11.2022
The amendment could help Kenya's regulators govern digital currency transactions
News Summary: Nexo Sued in UK, FTX Japan to Resume Withdrawals by Year End, ConsenSys Partners with Celo
21.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Nexo Sued in UK, FTX Japan to Resume Withdrawals by Year End, ConsenSys Partners with Celo
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
21.11.2022
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of various crypto activities and adjustments to the applicable legislation. Advisory Board to Take...
Binance CEO: We Don’t See a Viable Business in India
21.11.2022
Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countries where regulations are pro-crypto and pro-business.” Binance’s CEO on Indian...
Say Goodbye to Proprietary Tax Prep Software
18.11.2022
Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax
Why Crypto Taxes Get Complicated (Especially for Institutions)
18.11.2022
If You Lost Money on FTX, You May See Some Tax Relief
18.11.2022
What you need to know for your 2022 tax filing if you lost money or used the FTX crypto exchange
How Bad Tax Policy Drives DAOs Out of the US
18.11.2022
Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas
The Tax Implications of the FTX Bankruptcy
17.11.2022
EY’s Crypto Tax Leader Breaks Down What You Need to Know This Tax Season
17.11.2022
Crypto Users Want to Pay Taxes, but We Need Clearer Rules
17.11.2022
The need for comprehensive crypto tax reform will only become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing
What Will It Look Like When Taxation and Privacy Collide?
16.11.2022
Amazon's MMO Forces Players To Pay Higher Tax Rate Than Jeff Bezos IRL
16.11.2022
Last week, New World’s patch notes indicated that taxes on Trade Post transactions would increase from 2.5 percent to a whopping 5 percent. What’s funny about this situation is that the MMO is published by Amazon Games, which is owned by Jeff Bezos. Last year, ProPublica reported that Jeff Bezos...