Crypto tax Financial News

23.07 / 20:17

Reserve Bank of India (RBI) crypto tax India Leaves Crypto Tax Unchanged During Budget Presentation

India’s Finance Minister, Nirmala Sitharaman, unveiled the Union Budget for 2024-25 in India on July 23. The budget maintained the existing tax rate for the cryptocurrency industry without directly addressing digital assets.

23.07 / 03:48

Blockchain Citizens economy crypto tax Bitcoin country Japanese Crypto Firms Petition Government to Reform Crypto Tax

An association of Japanese crypto exchanges and blockchain companies has petitioned the government to make coin-related tax reforms.

16.07 / 01:25

markets Trade crypto tax concert reports South Korean Draft Law Could Delay Crypto Tax for a Further 3 Years

A new South Korean draft law could delay the launch of crypto tax, meaning traders may avoid paying tax on their profits until 2028.

15.07 / 01:05

markets UPS Citizens crypto tax Bitcoin Argentina Government Tells Citizens: Declare Your Crypto or Face Extra Taxes

The Argentinian government says citizens can avoid paying certain types of tax on their crypto holdings if they file declarations.

13.07 / 04:17

Target Trade crypto tax country reports Department New Zealand Cracks Down on Crypto Investors Avoiding Tax Disclosures

New Zealand’s tax authority revealed on Thursday that it is targeting individuals actively trading crypto who have not reported their income from these transactions in tax filings.

26.06 / 11:41

Bill President crypto tax Bitcoin country International US Rep. Matt Gaetz Proposes Bill to Allow Bitcoin Tax Payments

Congressman Matt Gaetz (R-FL) has proposed a legislation to allow Americans pay their federal income tax using Bitcoin. If passed, the US Secretary of the Treasury would implement a program to allow payment of taxes using Bitcoin.

20.06 / 03:05

markets Blockchain CEO Sustainability crypto tax Bitcoin Japanese Crypto Firms to Continue Pushing for Tax Reform

Top Japanese crypto firms, including major crypto exchanges, say they will keep pushing Tokyo to reform the nation’s strict tax laws.

18.06 / 09:19

Africa crypto tax Tanzania Looks to Amend Income Tax Act to Tax Crypto Trades

Tanzania has released a proposal to amend the Income Tax Act in a move to include a 3% withholding tax on income derived from crypto transactions.

14.06 / 22:15

Target economy Trade crypto tax reports Turkey to Introduce 0.03% Transaction Tax on Cryptocurrency Trading

Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading.

14.06 / 09:37

Stablecoin crypto tax Is Accepting Crypto Salaries Worth It? Experts Unpack 4 Drawbacks to Know

Fueled by a desire for greater flexibility, the exploding popularity of freelancing is ushering in the era of the “crypto worker,” where traditional salaries are swapped for crypto payments.

10.06 / 00:07

markets Research President crypto tax Discrimination South Korean Lawmakers Consider ‘Abolishing’ Crypto Tax Law

South Korean lawmakers may “abolish” a new crypto tax law, six months before it even comes into force.

05.06 / 23:07

markets security Trade crypto tax country reports Turkey Mulls Taxing Crypto Gains To Support Disinflation: Report Reveals

Turkey plans to introduce taxes on gains from crypto and stock trading. This was revealed by an official on June 5, and the decision is part of the strategic move to enforce strict fiscal discipline and improve price stability after the country has faced inflation challenges

22.05 / 18:13

markets Digital Taxes Trade crypto tax country innovations Minimizing Crypto Taxes: Top Countries With Lowest Tax Rates in 2024

The landscape of crypto taxes is varied and dynamic, with some nations emerging as particularly friendly to crypto investors and traders.

21.05 / 14:35

Blockchain Digital Analysis Trade crypto tax Crypto Investors country Where the Whales Are – Top 5 Countries for Crypto Investors

As the popularity of cryptocurrencies continues to grow, investors are on the lookout for the most accommodating environments to maximize their returns.

07.05 / 11:03

Target CRA crypto tax information reports Investigations Canada’s Tax Authority Targets Crypto Tax Dodgers, Investigating Multimillion-Dollar Cases

The Canada Revenue Agency (CRA) is cracking down on crypto, going after C$54m ($39.5m) in suspected unpaid taxes. It is also launching investigations into hundreds of crypto investors.

07.05 / 06:19

Provident Trade crypto tax Bitcoin information reports Australia Tax Office Sets Sights On Crypto Exchanges’ Client Data, Bank Details

The Australian Tax Office is demanding annual transaction details from crypto exchanges in a move to tackle potential tax evasion. This crackdown aims to ensure investors correctly report their crypto gains and pay any capital gains taxes owed.

07.05 / 04:09

Digital ETF Action crypto tax Bitcoin reports 4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders

Only a small fraction of French crypto holders have declared their coins to the state, a report claimed – with the government set to take action.

30.04 / 03:33

Provident Platform Trade crypto tax Experts reports South Koreans Warned to Declare Overseas Crypto Exchange Holdings

South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.”

24.04 / 07:27

crypto tax Indonesia, Australia Authorities Ink Crypto Taxation Deal

Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement.

23.04 / 10:38

Blockchain Provident Digital IRS crypto tax information reports IRS Releases Draft of 2025 Digital Asset Reporting Form for US Taxpayers

The United States Internal Revenue Service (IRS) has recently released a draft of Form 1099-DA for reporting income derived from digital asset transactions.

23.04 / 06:44

Digital crypto tax Experts information reports International Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023

Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million). As a result, the EU nation has mandated reporting of income from the sale of mining digital assets.

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