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Italy Set to Scale Back Planned Tax Hike on Crypto Capital Gains: Reuters
11.12.2024
The tax increase will be significantly reduced during parliamentary work, lawmakers said
A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies
8.12.2024
Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted...
Binance, WazirX among crypto firms evading taxes in India, says gov’t
4.12.2024
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
1.12.2024
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party
Putin Passes New Tax Laws for Crypto Amid Bitcoin Surge Towards $100K
29.11.2024
Russian President Vladimir Putin has signed a new law that regulates the taxation of digital currencies, marking a…
Hong Kong Seeks Crypto Hub Status With Tax Breaks
29.11.2024
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals...
Hong Kong Eliminates Crypto Taxes to Attract Hedge Funds
29.11.2024
Hong Kong is making waves in the global financial market by proposing to eliminate capital gains taxes on…
Hong Kong proposes tax breaks to attract crypto hedge funds, investors
28.11.2024
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
28.11.2024
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house...
SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded
25.11.2024
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement
Australia consults on adopting OECD crypto reporting framework
24.11.2024
Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.
Australia Seeks Public Input on Crypto Tax Reporting
22.11.2024
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s...
Japan passes stimulus package, commits to crypto tax reform
20.11.2024
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
20.11.2024
South Korea’s Democratic Party argued that increasing the threshold to 50 million won ($36,000) would mean only big players would be affected.
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
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