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Nalezeno "Tax": 1905

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...

Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community

24.1.2020
Four Bitcoin Cash pool operators are forcing through a developer tax proposal on mining rewards

Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...

6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail

22.1.2020
Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud...

Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading

22.1.2020
Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country. As previously reported, the government has been keen to implement the new measures –...

Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange

22.1.2020
A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency...

UK Tax Agency to Pay $100K for Blockchain Surveillance Software

21.1.2020
On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software...

Britain’s Tax Agency Cracking Down on Crypto Tax Evasion

21.1.2020
Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users. The problem facing the British...

Britain’s Tax Agency Offering Contract for Tech to Combat Crypto Tax Evasion

21.1.2020
As cyber crimes evolve, Britain’s tax agency pursues new tech to combat growing tax evasion using crypto

South Korea Considers 20% Crypto Tax

20.1.2020
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal

South Korea Mulls 20% Crypto Tax Plan, Russia Also Wants to Tax Tokens

20.1.2020
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020. Per news agency Yonhap, the Korean finance ministry...

Chinese Blockchain-Based Mobile Payment Revolution: How Is the Biggest CO2 Polluter Becoming Leading World Solar Panels Producer

20.1.2020
China leads the blockchain-based mobile digital payment revolution, expert take

South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies

20.1.2020
South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions

New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

17.1.2020
New Hampshire state representatives have killed the legislature’s second attempt to accept crypto tax payments, saying that Bitcoin’s volatility is too high

Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax

17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...