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Nalezeno "Crypto Tax": 889

EU parliament votes overwhelmingly in support of DAC8 crypto tax reporting rule

13.9.2023
The measure received 535 votes for with 57 against and 60 abstentions in a plenary session

Blockchain Association responds to US lawmakers’ request for crypto tax guidance

8.9.2023
Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8

Japan Financial Regulator Moves To End “Paper Profits” Tax On Digital Assets

5.9.2023
Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets. According to local news outlets, the Agency’s proposal to change the tax code is in line with several calls by industry executives...

Japan Edging Toward Crypto Tax Reform

4.9.2023
Japan is moving toward crypto tax reforms, with the nation’s top financial regulator set to change the way it taxes domestic crypto firms. Per the Japanese media outlet CoinPost and an official Financial Services Agency (FSA) release, the regulator has submitted legislation-change requests to...

US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry

30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...

New tax rules for crypto in the US: Law Decoded

28.8.2023
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers

Crypto community reacts to Biden's proposed crypto tax reporting rules

27.8.2023
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States

US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers – An Attempt to “Kill” Crypto Adoption?

25.8.2023
The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crack down on tax cheats, as well as to assist law-abiding taxpayers know how much...

U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges

25.8.2023
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need...

Coin Center Sends Letter to Congress Seeking Clarity on Crypto Tax Regulations

23.8.2023
Crypto policy think tank Coin Center has sent a formal letter to Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo, advocating for clear and reasonable tax policies for digital assets. “Governments should state clearly and in detail how cryptocurrency...

New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion

22.8.2023
Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders. According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized...

Coin Center responds to US lawmakers' request for crypto tax guidance

21.8.2023
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?

7.8.2023
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job

Warren and Sanders Urge IRS and Treasury to Enforce Rules Against Crypto Tax Evaders

4.8.2023
Almost two years after Biden’s infrastructure bill became law, two high-profile Democrat senators are keen on ensuring that crypto reporting requirements within the bill are properly enforced. Senators Elizabeth Warren (D-Mass.), Bob Casey (D-Pa.), and Richard Blumenthal (D-Conn.) joined Bernie...

Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’

3.8.2023
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government

Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System

31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...