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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike


Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...

IRS Clarifies its Confusing ‘Airdrop’ Cryptocurrency Tax Policy


America’s top tax authority, the Internal Revenue Service (IRS), has somewhat provided clarification about its recent cryptocurrency tax guidelines. However, their final decision regarding taxing promotional airdrops is yet to be made. Critics pointed out a range of potential problems with...

Generation QE: How Central Banks Create Money From Thin Air


This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...

New IRS Policy on Crypto Clears the Air Though Left Some Issues Wide Open


The tax-related cryptocurrency policy has been eagerly awaited in the United States of America for a long time. Finally, on October 9, the guidelines related to cryptocurrency taxation have been updated by the federal department, the Internal Revenue Service. All the contentious issues related...

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