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Nalezeno "Tax": 1905

KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

24.11.2023
Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges

DeFi Users Seek Clarity as Australia’s Tax Office Fails to Explain New Capital Gains Tax Rules

24.11.2023
The ATO’s opaque DeFi tax guidance perplexes Australian crypto investors. Image by Vadym, Adobe Stock. The Australian Taxation Office (ATO) released new guidance on November 9, stating that capital gains tax (CGT) applies to certain decentralized finance (DeFi) transactions. The tax agency...

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

24.11.2023
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges

1 Way to Revive Dead NFT Wallets

22.11.2023
Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits

South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework

18.11.2023
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down...

What You Need to Know About Crypto Tax Loss Harvesting

17.11.2023

New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers

17.11.2023
Unpacking the IRS’ controversial new crypto tax regulation proposals

Time Is Running Out for Crypto Leaders to Reason With the IRS

16.11.2023

US Lawmakers Write to Treasury Department Seeking Amendment On Proposed Crypto Tax Rules

16.11.2023
Source: Pixabay A group of United States lawmakers have led an effort for a change in the proposed cryptocurrency tax regime announced by the Treasury Department. The group addressed a letter to the Department on Nov 15 urging the body to change its approach to regulating the sector specifically...

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

16.11.2023
A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime

Congress Gets the Runaround From Regulators, Again

15.11.2023

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know

15.11.2023
In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions

Spate of Robberies Targeting Swedish Bitcoiners Linked to the Country’s Unfit Privacy Laws

15.11.2023
A bitcoin-owning Swedish couple was recently the latest victim of robbers that appear to target prominent bitcoin and crypto personalities. One social media user said the spate of robberies may be linked to Sweden’s antiquated privacy laws which make it easy for criminals to obtain...

40+ Countries Implementing International Crypto Reporting Framework

15.11.2023
Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the G20. The widespread, consistent, and timely implementation of this crypto reporting framework “will further improve...

‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules

14.11.2023

Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines

14.11.2023
Nations and authorities advance crypto regulations across taxation, stablecoins, geo-blocking, and compliance this week. Image by motortion, Adobe Stock. Last week brought several noteworthy developments in the evolving crypto regulation scene across the globe. Major nations made efforts towards...

Australia Introduces Capital Gains Tax For Wrapped Tokens

14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...