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Nalezeno "Crypto tax": 561

30% crypto tax becomes law in India following Finance Bill approval

31.3.2022
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

29.3.2022
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....

Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

29.3.2022
A new push for clarity on compliance from Senator Wyden aims to ensure economically distressed communities receive promised benefits from crypto mining companies

Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

28.3.2022
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023

Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...

How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains

27.3.2022
Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces...

Crypto tax policy framework passes India's parliament despite pushback from lawmakers

25.3.2022
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1

India’s Stiff Crypto Tax Legislation Becomes Law

25.3.2022
Amendments sought by the crypto industry were not accommodated and the policies will go into effect on April 1

Crypto Taxes in 2022: All You Need to Know According to Koinly

24.3.2022
Cryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax calculator and portfolio tracker for traders, has created the ultimate guide to help. Koinly Presents The Ultimate Bitcoin Tax Guide for 2022 Crypto...

Proposal for crypto tax policy in India will go to parliament on March 24

23.3.2022
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions

India’s Proposed Crypto Tax Rules Likely to Become Law Thursday

23.3.2022
Any easing of the government's stance on crypto taxation will be contained in amendments to the bill

Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News

21.3.2022
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: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News

Indian crypto tax policy to treat each digital asset investment independently

21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses

Tax expert says buying crypto is not a taxable event

14.3.2022
Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive

Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges

8.3.2022
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors

A Review of 6 Crypto Tax Software Packages

2.3.2022

How to Avoid the Five Most Common Crypto Tax Mistakes I Cointelli

24.2.2022
The 2022 U.S. tax season is upon us and cryptocurrency traders need all the help they can get. Here are five common crypto tax misconceptions you should look out for, courtesy of crypto tax software provider, Cointelli. “You don’t have to pay taxes on crypto” One very common...