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Nalezeno "Capital Gains Tax": 64

Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment


As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...

Fortnite Boss Slams Billionaire Tax He Doesn't Seem To Fully Understand


Surprise, surprise, Epic Games founder, Tim Sweeney, is not a fan of the new billionaire tax being proposed in Congress at the moment. The CEO of the company, which prints money thanks to Fortnite, said the tax would possibly “end founder control” of Epic Games, calling into question whether...

South African Tax Body Updates Crypto Tax Guidance, Confusion Persists


In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...

One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations


One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas...

Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike


The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law


South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto


Yang Kyung-sook. Source: Twitter, @yangkyungsook An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws. Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...

South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings


The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...

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