Taxes Financial News

11.01 / 06:53

regulation Taxes Thailand government to clear up crypto tax confusion

Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.

06.01 / 13:25

Government Taxes Bitcoin Crypto trades in Thailand now reportedly subject to 15% capital gains tax

The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.

29.11 / 05:19

regulation Taxes services UK digital services tax targets crypto exchanges

A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating in the United Kingdom.

24.11 / 06:53

regulation Taxes Mixed messages on crypto tax rules create confusion in South Korea

South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment of the upcoming crypto tax set to come into effect in 2022.

24.11 / 00:44

Government Blockchain Taxes Financial South Korea financial authority rules that NFTs are taxable

South Korea’s Financial Services Commission, or FSC, announced Tuesday that nonfungible tokens, or NFTs, will be taxed starting next year. According to The Korea Herald, this tax law amendment would impose a 20% tax on income from virtual assets that exceed 2.5 million won ($2,102) as of Jan. 1, 2022.

22.11 / 12:49

regulation Taxes Bitcoin Crypto can erode tax base, Russia's tax boss says

The Russian Federal Taxation Service (FNS) is actively monitoring the cryptocurrency market to prevent tax evasion, FNS head Daniil Egorov said.

19.11 / 00:53

Government regulation Taxes lawmakers US lawmakers US lawmakers introduce bill to 'fix' crypto reporting requirement from infrastructure law

A bipartisan group of United States lawmakers has introduced legislation to change the tax reporting requirements that will go into effect due to the recently signed infrastructure bill.

17.11 / 23:05

regulation Taxes Indian Government regulatory India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification

According to a report from CNBC TV18 India, the nation's government plans to reclassify cryptocurrency exchanges as e-commerce platforms, which will reduce the Goods and Services Taxes (GST) users must pay per transaction, or per trade, to 1%.

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