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Nalezeno "Crypto Tax": 889

Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair

30.6.2023
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while...

Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears

29.6.2023
The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country. Per the approval, the personal income tax for profits made from the sale of cryptocurrencies, held by the user...

Slovakian Crypto Tax-Cutting Bill Passes National Parliament

29.6.2023
Lawmakers wanted to see a 7% rate for crypto held longer than a year

Token Issuers in Japan to Be Exempt from 30% Crypto Tax on Unrealized Gains

26.6.2023
Japanese token issuers have been exempted from corporate taxes on unrealized cryptocurrency gains. In a recent announcement, the country's National Tax Agency revealed that it has revised its law to exempt crypto token issuers from 30% corporate taxes on unrealized gains, effective from June...

Token issuers in Japan exempt from 30% crypto tax on paper gains

25.6.2023
Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers

Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff

12.6.2023
Taxbit – a software company that assists cryptocurrency holders with tax compliance issues – has cut nearly half of its staff in an effort to re-expand in the U.K. and EU, the company told employees on Thursday. ... Read More: Crypto Tax Software Firm Taxbit Lays Off Almost 40% of Its Staff

U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules

7.6.2023
Congressmen Brad Sherman and Stephen Lynch called the crypto industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations

Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean Hackers, OKX Partners with Custody Service Provider Komainu, Zodia Custody Joins Hands with Blockdaemon

6.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean...

US Congressmen blame crypto firms for 'tax gap' in letter to Treasury

6.6.2023
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto

Kenyan Central Bank Governor Says Stance on Crypto Not Driven by Personal Views

4.6.2023
Patrick Njoroge, the outgoing governor of the Kenyan central bank, recently said the bank’s policy on crypto assets is not driven by personal views but is founded on the “wealth of information that is in the central bank.” Njoroge said the Central Bank of Kenya will continue...

Does the US have a crypto ‘tax loophole’ problem?

1.6.2023
The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt-ceiling bill. Another narrow escape?

Crypto Tax Forum: The 1st crypto assets taxation conference

29.5.2023
Join us at @O2K’s Crypto Tax Forum, the world’s first conference exclusively focused on crypto asset taxation. Designed for professionals by professionals, this event aims to address the most pressing issues related to crypto taxation. We are bringing together experts from...

Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways

29.5.2023
India’s CoinDCX, CoinSwitch, WazirX, BuyUCoin, ZebPay and Giottus all think they'll survive the current bear market – here’s how

Is MetaMask withholding customers' crypto for taxes? No, it’s not.

22.5.2023
The parent company behind the crypto wallet MetaMask has debunked "inaccurate" rumors that it is collecting tax on crypto transactions

Developments in crypto tax across Europe and CIS at a glance

17.5.2023
Taxation in the crypto sphere is fast evolving, and keeping track of the developments is not just imperative but indeed a necessity. The European and CIS markets have seen a bit of turmoil in relation to crypto tax developments. Things are working out with all the major regions cementing their...