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Nalezeno "Tax": 1904

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

15.1.2023
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

13.1.2023
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency...

Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Offenses

12.1.2023
Authorities say they have evidence a Nexo user has been officially declared a terrorist financer

Death and self-custody: How to pass on your crypto when you die

11.1.2023
Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions

Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report

10.1.2023
The former chairman of Bithumb Holdings was recently acquitted of fraud charges

Crypto Exchange Bithumb Hit With Tax Investigation, Prosecutors Grill ‘Major Shareholder’

10.1.2023
The South Korean crypto exchange Bithumb has been hit with a double whammy from the South Korean tax and legal authorities – with the exchange made the subject of a “special” tax investigation. And prosecutors have summoned its suspected largest shareholder for questioning. Chosun reported that...

Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

8.1.2023
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding...

Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees

7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....

IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’

7.1.2023
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more legitimate.” The official added that the U.S. tax authority is looking to partner with crypto companies, noting: “I don’t see how we can operate...

One Of The Best Puzzle Games Ever Gets A Spin-Off About How Filing Taxes Sucks

6.1.2023
It’s been a minute since we’ve heard from Hempuli aka Arvi Teikari, the developer behind the adorably excellent push-puzzler Baba Is You. Well, Teikari is back with another game in the Baba-verse. This time, though, instead of pushing objects and altering the rules of reality, you are pushing...

Today in Crypto: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a 'Crypto Cell'

4.1.2023
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: Indonesia to Launch Crypto Exchange, India's Exchanges Lost 81% of Trading Volume, UK’s National Crime...

India's Crypto Space Has Been "Crippled" Under Crypto Tax Laws: Report

4.1.2023
India's crypto industry has been "crippled" under the country's controversial tax laws in 2022. According to a new report by Esya Centre, a Delhi-based technology policy think tank, Indian crypto investors have moved over $3.852 billion (INR 32,000 crore) worth of digital assets from local...

Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules: Research Study

4.1.2023
A research study found that Indians moved more than $3.8 billion in cumulative trading volume from local to international crypto exchanges after the nation announced stiff crypto tax rules last year

Italy Introduces Capital Tax on Cryptocurrency Gains - Will Other Countries Follow Suit?

3.1.2023
Italy’s parliament has approved a proposal for a 26% tax on crypto gains above 2,000 euros ($2,110). In addition to bringing a hefty tax on crypto gains, the new law also introduces incentives for taxpayers to report their crypto. Under the law, crypto owners are entitled to an amnesty...

Tax attorney breaks down the MicroStrategy Bitcoin sale

3.1.2023
MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight

Italy approves 26% capital gains tax on cryptocurrencies

2.1.2023
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023

Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...