Tax Financial News

09.12 / 17:17

Blockchain Tax Bitcoin Earth Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason

American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.

09.12 / 15:29

Career CEO Platform Tax Koinly Exclusive: Employees of Crypto Firm Koinly Reveal Shocking Details About Surprise Company Layoffs – Executives Kept in the Dark?

Koinly, a crypto tax reporting platform, has laid off 14% of its team, citing "the intensifying bear market" – but several employees have claimed that the cuts affected more people and were carried out unprofessionally with poor communication.

08.11 / 17:53

regulation Central Bank Tax Financial New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System

The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system.

21.10 / 12:25

Citi Citizens Tax Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto

Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.

13.10 / 12:17

Tax crypto mining Crypto miners Tax Authority Argentinian Tax Authority Strengthens Crackdown on Illegal Crypto Miners

Argentina’s tax body has bolstered its ongoing crackdown on crypto miners who do not declare their operations – and looks set to make good on the government’s pledge to ensure that all crypto-related activity in the nation is taxed.

12.10 / 12:01

Citi Tax Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023

The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year.

11.10 / 17:43

regulation Tax Framework OECD Presents Crypto Tax Reporting Framework

The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.

11.10 / 16:19

cryptocurrency regulation Tax Portugal Makes U-Turn On Crypto-Friendly Taxes

04.10 / 13:31

cryptocurrency Stablecoin Tax Biden Administration Urges Speed Up of Crypto Regulation as Recession Fears Rise

24.09 / 15:53

IRS Tax IRS Can Now Hunt Down America’s Crypto Tax Evaders After Landmark Ruling

The Internal Revenue Service (IRS) has received authorization from a U.S. district judge to sniff out individuals who attempt to sidestep taxes on their cryptocurrency transactions. The order comes at a time when digital asset adoption is seeing a surge, and the number of crypto tax evaders is subsequently increasing.

01.09 / 10:39

MicroStrategy Legal Tax MicroStrategy Calls D.C. ‘Tax Fraud’ Lawsuit ‘False’ and Says it Will Fight Back ‘Aggressively’

01.09 / 03:07

cryptocurrency Trading Tax reform Japanese Regulator Wants to Reform Crypto Tax Laws for Companies & Investors

23.08 / 23:15

Adoption Survey Tax Indian 54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in 6 Months - KuCoin

23.08 / 03:17

Tax LATAM’s New Crypto Mining ‘Promised Land’: Pluses & Minuses for Paraguay

17.08 / 23:15

regulation Tax Bitcoin 2020 Power Russian Bitcoin Miners ‘Used 1.25GW’ to Power Their Rigs Last Year, Double the 2020 Total – Report

13.08 / 03:55

Adoption regulation Tax Japan Appoints Political Heavyweight as New Digital Minister, Boosting Web3 Hopes

11.08 / 13:27

cryptocurrency IRS Tax US IRS Comes After Clients of Another Crypto Exchange

06.08 / 03:33

Exchange Tax reform Japanese Crypto Industry Urges Tokyo to Reform Tax Laws

Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries.

20.07 / 23:21

Adoption Tax banking Local Tax 'First' for Digital Yuan as Pilot Continues to Broaden Scope

Chinese citizens have begun using the digital yuan to pay “inter-city” tax bills – doing away with the need to conduct wire transfers to local tax authorities via banks.

14.07 / 11:57

Mining Tax Bitcoin Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023

Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023.

05.07 / 23:13

Trading Tax Bitcoin Indian One Exchanges Stands Out as Indian Crypto Trading Drops Following New Tax

Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood out as a winner, with trading volumes rising.

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