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Nalezeno "US Taxes": 979

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

OECD opens proposal on tax transparency framework for crypto to public comment

22.3.2022
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards

Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions

22.3.2022
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals...

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

India Targets 700 Crypto Investors for Non-Payment of Taxes: Report

16.3.2022
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with...

Thailand Approves Tax Relief Measures for Crypto Trading

11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...

Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking

9.3.2022
PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely...

How to navigate cryptocurrency tax implications amidst the CPA shortage

8.3.2022
High demand for CPAs has left many to fend for themselves when it comes time to figure out the complex tax landscape marked by virtual currencies

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

How are cryptocurrency taxes reported?

3.3.2022
Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape

Swiss city of Lugano to pay taxes in crypto via Tether partnership

3.3.2022
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said

South Korean crypto market grows to $45.9B in 2021 despite strict regulations

1.3.2022
The 24 licensed crypto exchanges registered a collective average daily transaction volume of near $9.4 billion

5 Essential Questions About Crypto Taxes

25.2.2022

Central Bank of Argentina Prepares New Regulations for Digital Wallets

25.2.2022
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...

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...

What You Need to Know About Taxes Before You Claim Your Next Airdrop

24.2.2022
Investors receiving airdrops should be aware of the tax implications of their newly-earned tokens to avoid unwelcome surprises from the IRS

Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...