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Nalezeno "Crypto tax": 550

Judge Hands Convicted Crypto Tax Evader 3-Year Suspended Jail Sentence


A Japanese man who was found guilty of crypto-related tax evasion earlier this month has been handed a fresh three-year suspended jail term and ordered to pay a fine of around USD 163,000 after hiding his bitcoin (BTC) earnings from the authorities. In a high-profile case, Hideji Matsuda,...

Mini Bitcoin Futures, UK Crypto Tax Guide, Michael Jordan & NFTs + More News


Source: Adobe/Игорь Головнёв Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Major derivatives marketplace CME Group said it will expand its suite of crypto derivatives with...

MP Claims that Russia’s Crypto Tax Threshold Is Subject to Change


Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded. As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings...

Japanese Crypto Tax Evader Hit with Year-long Jail Sentence


The Japanese courts have sent an ominous warning signal to would-be crypto tax evaders – by jailing a 56-year-old man who pleaded ignorance of how Japan’s crypto tax laws work. Per Chunichi, the man, an office worker named Hideji Matsuda, was given a one-year sentence and fined over USD 202,000...

Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans


A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...

Russian Parliamentary Committee OKs Crypto Tax Bill, but Flaws Remain


Russia has moved a step closer to imposing a system of crypto tax, after the country’s parliament, the State Duma, approved a much-maligned crypto tax bill in the first reading at the committee stage – although the story is unlikely to end there. As previously reported, the country’s first...

Argentinian Province Introduces Sweeping Crypto Tax Laws


The central province of Córdoba, Argentina, appears to have had enough of waiting for the national government to act on crypto tax – and has instead moved to introduce a local tax on the crypto activities of its residents. Per CBA24n, the provincial legislature has voted in favor of a new bill that...

IRS Updates Tax Requirements for Cryptocurrency Owners


The U.S. Internal Revenue Service (IRS) has updated its instructions for disclosing crypto activities. The update provides clarification on who must answer “yes” to the IRS’ crypto question and when it is appropriate to select “no” as the answer. IRS Publishes...

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