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Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
3.9.2019
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature...
Crypto Taxation Around the Globe — What Do Regulations Look Like?
23.8.2019
Different countries use individual taxation schemes to govern their respective crypto industries. Let’s take a look at some of them
Georgia Exempts Crypto Trading from VAT, Agrees that Crypto is Currency and Not Commodity
13.7.2019
It has been a long debate among regulators worldwide on whether cryptocurrencies should be regarded as commodities like Gold and Silver or as currencies like USD and GBP. The question is particularly important because it decides the future of crypto and crypto trading. Taking a stand on the matter...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
8.7.2019
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian...
Singapore Wants to Drop VAT for Transacting in Cryptocurrencies
8.7.2019
Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT
VeChain Price Analysis: VeChain May Continue To Move Downwards For Next 2 Days
20.6.2019
June becomes the slowest month for VeChain since 2019 beginning The straight-line graph depicting VET coin’s movement in June upsets traders VeChain has not been moving at all and continues to swing between $0.0070 and $0.0080 since the beginning of this month. Overall, the coin has recorded...