2023-5-12 15:32 |
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
Similar to Notcoin - Blum - Airdrops In 2024
2023-5-12 15:32 |
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
Similar to Notcoin - Blum - Airdrops In 2024
Bitcoin faces more headwinds as the U.S. government prepares for another attack. Reportedly, the tax aims at encouraging mining companies to pay for the environmental impact of mining The UThe post Bitcoin: Why Uncle Sam's latest move could mean trouble for BTC miners appeared first on AMBCrypto.
2023-5-4 10:30 | |
Kenya announced that it would imply a 1. 5% tax to all commissions foreign crypto companies earn from their customers, according to a report by Business Daily Africa from Apr. 25. The new regulations include all foreign crypto exchanges that earn interest from facilitating buying and selling transactions of digital assets in Kenya, the Business Daily […] The post Kenya introduces 1.
2023-5-2 15:00 | |
A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.
2023-4-11 02:29 | |
What is Koinly? Koinly is a London-based software company founded in 2018 that offers crypto tax solutions for digital assets. Used by investors, traders, and accountants worldwide, Koinly is one of the leading companies in the field.
2023-3-27 15:50 | |
The U.S. Treasury Department has proposed an excise tax of 30% on the cost of powering crypto mining facilities. The tax is set to be imposed on companies such as Litecoin (LTC), Avalanche (AVAX), and TMS Network (TMSN) that use computing resources to mine cryptocurrencies in an attempt to lower the overall number of mining […]
2023-3-14 09:49 | |
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden's Fiscal Year 2024 budget included a proposal to implementThe post Joe Biden’s government proposes 30% crypto mining tax appeared first on AMBCrypto.
2023-3-10 17:00 | |
A provision in the department’s “Greenbook,” its list of tax proposals and explanations for U.S. President Joe Biden’s budget proposal, would create a phased-in excise tax based on the costs of the electricity used in crypto mining, imposed on the companies “using computing resources” to mine cryptocurrencies.
2023-3-10 02:02 | |
Thailand’s government will offer tax breaks for companies issuing investment tokens. The government expects over $3 billion worth of investment token offerings over the next two years. The move could attract more cryptocurrency companies to Thailand.
2023-3-8 18:29 | |
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
2023-3-7 15:14 | |
European Commission wants crypto companies and traders to report the EU citizens’ foreign and domestic transactions in a new move to tackle tax evasion. According to a proposal submitted by the European Commission, crypto market participants will be required to…
2022-12-9 21:14 | |
Potentially, even companies outside of Europe could be forced to disclose user holdings according to the EU.
2022-12-10 19:46 | |
The European Commission is going a step further than its crypto law MiCA as it seeks to tackle tax evasion
2022-12-9 15:53 | |
More than 41,000 Brazilian firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal.
2022-12-8 19:44 | |
A draft bill seen by CoinDesk also covers stablecoins, crypto derivatives and companies outside the bloc.
2022-11-30 15:29 | |
Web3 tax help is a multi-billion dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.
2022-11-22 00:04 | |
Delaware is helping companies cheat the other 49 states of tax revenues – and that’s just the tip of the iceberg.
2022-11-16 22:41 | |
Japan has been looking to gradually ease rules for crypto startups, with the government also considering corporate tax breaks for companies.
2022-10-20 19:50 | |
Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets.
2022-10-16 22:41 | |
According to the South American country's tax authority, 12,053 companies reported purchasing crypto in the month.
2022-10-10 20:18 | |
August figures released by Brazil’s tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.
2022-10-10 04:56 | |
More Brazilian companies are adopting cryptocurrencies as the country registered the highest number of institutional crypto ownership in August. The post Brazil Tax Authority Sees Record Registrations With Companies Holding Crypto appeared first on BeInCrypto.
2022-10-10 17:42 | |
How are crypto traders avoiding taxes with a lending loophole? Yes, you can use this loophole to reduce your tax amount. But, there are some caveats which we discuss further below. Emerging crypto-based lending companies have created a stupid but rather useful tax loophole by taking advantage of the tax rule that any crypto-to-crypto transfer […] The post Can You Borrow Against Crypto To Avoid Taxes? appeared first on CaptainAltcoin.
2022-10-5 14:08 | |
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country.
2022-5-19 11:33 | |
According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue.
2022-4-1 23:00 | |
Rio de Janeiro, Brazil’s second-largest city, will begin accepting cryptocurrency payments for property taxes in 2023, reports said Saturday. According to a notice from the City Hall of Rio de Janeiro, the city will contract multiple companies to handle the conversion of cryptocurrencies to Brazilian reals.
2022-3-27 10:00 | |
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government.
2022-2-25 16:15 | |
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification.
2022-2-14 12:06 | |
TaxBit, a crypto tax compliance firm, launched the TaxBit Network today with hopes that it will help democratize crypto tax calculations and tax forms by offering necessary reporting data. A report unveiled this news noting that the company seeks to unite leading crypto companies and offer their users free 2021 tax forms.
2022-1-12 23:20 | |
The Republic of Turkey Ministry of Treasury and Finance applies tax and cryptocurrency regulations
2021-7-13 16:41 | |
India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactThe post This could make buying Bitcoin and other cryptocurrencies more expensive for Indians appeared first on AMBCrypto.
2021-6-22 14:00 | |
Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide.
2021-6-14 17:39 | |
The United Kingdom’s tax collection body, Her Majesty’s Revenue and Customs (HMRC) has issued a new document that explains taxation guidelines for cryptocurrency. UK Crypto Regulations The Cryptoassets Manual defines the tax rates for crypto transactions that involve businesses and companies.
2021-3-31 13:56 | |
The Swiss canton of Zug is now accepting Bitcoin and Ether for tax payment from local companies and individuals.
2021-2-18 13:36 | |
The firm provides a platform for automated tax reporting for both cryptocurrency users and companies. Thanks to their legal status as property in the US, every time an individual spends or trades a cryptocurrency, they’re potentially triggering a taxable event.
2021-1-7 19:03 | |
Kazakhstan is one of the world’s best destinations for crypto mining: electricity costs just $0. 04/kWh and there is no tax on mining revenue. It’s also relatively easy to start a mining business in Kazakhstan through specialized hosting companies even if you are located abroad.
2020-10-8 20:48 | |
The Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country hand over their customers’ personal details, cryptocurrency asset values as well as the type of asset held.
2020-9-29 20:00 | |
If it's a taxable event, authorities want to know.
2020-9-29 20:12 | |
Austrian-based Bitcoin tax software developer Blockpit, announced acquisition of its German competitor CryptoTax, a tax compliance website, today. Both companies were founded in 2017, to provide legaThe post Blockpit acquires competitor to form largest crypto tax compliance firm in EU appeared first on AMBCrypto.
2020-9-8 21:00 | |
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market
2020-9-8 14:55 | |
Switzerland's canton of Zug will start allowing people to pay taxes in Bitcoin and Ether from 2021, as per the official statement. “Tax settlement by means of crypto currency will be available to both companies and private individuals up to an amount of 100,000 Swiss francs ($109,670).
2020-9-3 17:54 | |
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether starting next February.
2020-9-3 13:46 | |
Companies in the Bitcoin Cash ecosystem have largely rejected plans to add a controversial mining tax during this November's upgrade
2020-8-26 12:56 | |
Coinspeaker European Union Looks to Copy U. S. Congress in Big 4 Tech Antitrust HearingThe European Union wants to conduct another antitrust hearing with the U. S. big 4 tech companies and review the tax laws governing digital companies in the region.
2020-8-3 14:40 | |
Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers to be sure to disclose their details.
2020-1-27 11:00 | |
Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS.
2019-12-24 22:20 | |
Nine companies in the stock portfolio of the Warren Buffett-led Berkshire Hathaway are among the worst corporate tax avoiders in the U.S. The post These 9 Warren Buffett Stocks Avoided a Massive $20 Billion In Taxes appeared first on CCN.com
2019-12-18 19:30 | |
A crypto-focused charity organisation has declared today #BitcoinTuesday in an effort to promote the perks of donating cryptocurrency to non-profits. The initiative is the work of TheGivingBlock, with sponsorship from several notable blockchain-related companies.
2019-12-4 01:00 | |
The Swiss government shares info on 3. 1 million foreign Swiss bank accounts with 75 partner states. Handelszeitung, a German-language Swiss weekly newspaper, reported Monday that the financial surveillance comprises some 7,500 financial institutions in the country, including banks, trusts and insurance companies.
2019-10-8 20:00 | |
A report from The Guardian reveals that a British tax relief fun has paid the vast majority of its funds — which were originally intended to be earmarked for smaller developers based in the UK — to global game publishers such as Sony, Sega, and Warner.
2019-10-4 02:40 | |