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Nalezeno "Tax": 1901

Japan eyes Web3 growth with startup-focused tax reforms

28.8.2024
Japanese minister Takeru Saito hopes to create an environment to lure businesses and developers worldwide

New Zealand to Put OECD Crypto Tax Framework in Place by April 2026

27.8.2024
New Zealand-based crypto-asset service providers will have to collect information on users' transactions starting April 1, 2026

New Zealand introduces OECD crypto reporting framework on new tax bill

27.8.2024
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000)

Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review

25.8.2024
Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher...

Crypto for Advisors: Are Crypto SMAs Right for Institutions?

22.8.2024
Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts

India’s crypto future hinges on DEA’s September consultation paper

22.8.2024
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation

Insiders Report Report Kamala Harris Backs Biden’s Plan to Tax Unrealized Gains

21.8.2024
As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans with over $100 million in wealth. Harris is also...

Binance’s return to India comes with $86M tax demand

20.8.2024
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

20.8.2024
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS...

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule

19.8.2024
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS)

Nigeria Planning to Present Law to Tax Crypto by September: Report

19.8.2024
Nigeria's Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday

Nigeria’s tax watchdog proposes comprehensive crypto

18.8.2024
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset

IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

17.8.2024
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate...

IMF Proposes 85% Tax Hike on Crypto Miners & AI Data Centers

16.8.2024
The International Monetary Fund (IMF) has proposed a tax increase on crypto mining and artificial intelligence (AI) data…

IMF execs float raising crypto mining electricity prices by 85%

16.8.2024
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives

Senate proposal for crypto tax exemption is long overdue

13.8.2024
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue

IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements

10.8.2024
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes that may address past criticism and privacy issues. This new version, reportedly set to be partially implemented in 2025, removes several contentious...