2021-9-17 05:58 |
The ruling party is planning to attempt a postponement of the crypto tax laws but the Finance Minister is not for turning.
Similar to Notcoin - Blum - Airdrops In 2024
2021-9-17 05:58 |
The ruling party is planning to attempt a postponement of the crypto tax laws but the Finance Minister is not for turning.
Similar to Notcoin - Blum - Airdrops In 2024
Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within the ruling coalition, Reuters reported on Dec.
2024-12-11 01:00 | |
Japan Prime Minister Shigeru Ishiba promises to include discussions of tax cut proposals from the opposition party in his economic stimulus package, involving tax cuts for gasoline and crypto assets.
2024-11-20 13:11 | |
The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.
2024-10-7 10:45 | |
Learn about cryptocurrency tax calculators in 2024. Calculate your crypto tax liabilities with ease using CoinTracker, CoinLedger, TokenTax, ZenLedger, and more. In most countries, including the U.
2024-7-10 22:22 | |
While industry advocates have welcomed the finalized crypto tax measures after years of wrangling, messy deliberations about non-custodial providers still lie ahead. It’s been a long time consuming, but the Internal Revenue Service and the Treasury Department have finally agreed…
2024-7-5 21:44 | |
The Inland Revenue Board (IRB) of Malaysia has initiated a special operation named "Ops Token" to tackle crypto tax evasion and enhance overall tax administration in the country.
2024-6-18 19:46 | |
Australian Tax Office seeks data from 1. 2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies. Global crackdown on crypto tax evasion has gained momentum, especially in Canada, Turkey, and the U.
2024-5-7 16:58 | |
Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […]
2024-3-3 14:23 | |
UK cryptocurrency enthusiasts beware: recent signs from the revenue service point to an incoming tax on crypto. So, what does it mean for you? For years now, traders and investors in the UK have not had to pay a specific cryptocurrency tax on any profits made from their positions. Instead, it’s been business as usual, […]
2023-12-7 10:55 | |
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financially, he says, even if ordinary investors won’t.
2023-11-15 19:42 | |
Portuguese Tax Lawyer delves into Portugal’s updated Crypto Tax Law for 2023, shedding light on new tax exemptions, the treatment of crypto transactions and NFTs, and strategies like tax-loss harvesting that benefit crypto investors in Portugal.
2023-11-1 20:21 | |
Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know.
2023-6-21 18:42 | |
Two U. S. legislators have raised concerns about tax compliance in the crypto industry. The pair hoped that the bodies would bring the industry within the ambit of complete tax compliance.
2023-6-6 13:30 | |
In response to the Biden administration's proposed crypto mining tax, Bit Digital has strategically moved a significant portion of its mining machines to Iceland and Canada.
2023-5-19 19:38 | |
Glassnode has revealed some effective strategies that could enable crypto investors to minimize their tax liability, including relocation, self-directed Individual Retirement Accounts (IRAs), and tax loss harvesting.
2023-5-11 20:34 | |
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.
2023-5-2 13:47 | |
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.
2023-5-3 13:47 | |
Cryptocurrency traders and investors are highly unlikely to report their crypto holdings to the tax authorities, a recent research report from Divly has shown. The crypto tax automation platform found that the global crypto tax payment rate ranged from 0.
2023-4-5 15:30 | |
India disclosed that it made nearly $20M in tax after new rules subjected income from crypto transfers to a flat tax rate of 30%. The post India Raked In Over $19.2M in Crypto Tax in the 2023 Fiscal Year appeared first on BeInCrypto.
2023-3-30 13:00 | |
The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Despite the unfavorable market conditions and FUD that have plagued the…
2023-3-10 16:24 | |
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season.
2023-2-7 10:50 | |
United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Majesty’s Revenue and Customs (HMRC) have published legislation defining “designated crypto assets”…
2022-12-21 16:36 | |
Between marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto grants could be taxed at an 80% or higher effective rate.
2022-11-18 19:56 | |
Best crypto tax software in Australia Crypto taxes are complex and you have to pay them if you’re living in Australia. You might want to keep your digital currency holdings separate from your regular investments, but you still need to pay income tax like everyone else.
2022-10-24 22:58 | |
Crypto tax: Lawmakers in this European country propose a 28% tax on profits earned from short-term crypto assets and a 4% tax on airdrops. The post Crypto Tax: This Country’s Tax Rate Has Just Gone Through the Roof appeared first on BeInCrypto.
2022-10-11 01:28 | |
Both Koinly and Cryptotrader. tax (now called Coinledger. io) are crypto tax software platforms. Both of these platforms allow their users to easily calculate any taxes left unpaid in their tax reports, thereby helping crypto traders save money as well.
2022-10-6 00:33 | |
Best Crypto Tax Software Calculators in Canada There are several options for crypto tax software in Canada, each with its own features and benefits, making it difficult to select the ideal one. After careful consideration, we have narrowed the field down to the four best choices: Koinly Koinly is regarded as a top crypto tax […] The post Best Crypto Tax Software in Canada – Crypto Tax Tools For Canadians appeared first on CaptainAltcoin.
2022-10-5 14:28 | |
The South Korean government will impose a gift tax on crypto airdrops, with the tax rate ranging from 10 to 50%. The post South Korea to Impose 10–50% Gift Tax on Crypto Airdrops appeared first on BeInCrypto.
2022-8-22 11:15 | |
People are assessed for tax individually in the US, making every case unique. However, the process of tax-loss harvesting applies to most people who hold moderate amounts of crypto and pay tax. Disclaimer: This is not tax advice, nor am I a tax lawyer, but tax-loss harvesting is certainly worth considering.
2022-8-15 02:07 | |
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years.
2022-8-5 14:05 | |
Many industry participants have decried India’s crypto tax regime as too harsh and discouraging innovation. As such, it was unsurprising to see a level of excitement when the country’s Tax Department’s website displayed a 0.
2022-6-11 00:44 | |
The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills.
2022-4-15 16:00 | |
Indian crypto tax policy has become the talk of the town for crypto investors and exchange providers in recent weeks. In just one week, Indians will start paying a cumbersome 30% tax on the proceeds made on cryptocurrencies after the nation’s Parliament passed the proposal on Friday.
2022-3-26 19:08 | |
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all but disappeared.
2022-3-22 14:04 | |
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.
2022-2-17 17:07 | |
Leading American crypto exchange Coinbase has inked a deal with Turbo Tax to enable crypto adopters to get tax refunds in Bitcoin (BTC/USD) and over 100 other cryptocurrencies. A report unveiled this news on February 3, noting that this initiative seeks to lighten the load for crypto holders as the Internal Revenue Service (IRS) becomes […] The post Coinbase teams up with Turbo Tax to offer tax refunds in BTC appeared first on Invezz.
2022-2-6 23:23 | |
As the asset class has gone considerably mainstream over the past few years, countries worldwide are struggling with the formation of a clear crypto tax regime, especially as the dynamics and use caseThe post United States: Bill to reduce crypto tax on transactions reintroduced as use cases increase appeared first on AMBCrypto.
2022-2-4 17:30 | |
India's Budget announcement was a mixed blessing, as some appreciated the clarity regarding taxes on crypto. However, others are strongly against the 30% tax on the transfer of digital assets. AmidstThe post Investment exec explains why Indian govt wants to 'tax the hell' out of crypto appeared first on AMBCrypto.
2022-2-4 16:30 | |
India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs… The post Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says appeared first on Coin Journal.
2022-2-3 17:37 | |
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 | |
In the United Kingdom, the Her Majesty's Revenue and Customs (HMRC) has said that crypto platforms will be subject to a 2% tax. The post Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law appeared first on BeInCrypto.
2021-11-29 12:15 | |
According to a report by Japanese news outlet Nikkei, the National Tax Agency has intensified its clampdown on crypto tax defaulters in the region whom it specifically accuses of failing to pay about 1.
2021-10-4 15:44 | |
Paul Krugman, who counts winning the 2008 Nobel Prize in Economics among his accolades, slams the crypto industry, saying its only use is for “tax evasion and illegal transactions.” The comments came in reference to a Bloomberg article about the infrastructure bill, which has drawn mounting criticism for various reasons. Including the main gripe for […]
2021-8-28 03:01 | |
Ah, the tax season, not quite the season of love and understanding. Nobody likes that time of the year, but thanks to these crypto tax software, this year is gonna be bearable for crypto traders.
2021-8-26 13:45 | |
South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year.
2021-7-26 17:27 | |
South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets.
2021-7-26 12:02 | |
South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars.
2021-6-24 07:30 | |
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […]
2021-5-29 14:36 | |
The United States recently passed Tax Day. While always a daunting deadline for crypto traders, the recent changes in tax requirements for cryptocurrencies made it even harder. The post Crypto Tax USA — How the IRS, Exchanges and Services Work Together appeared first on BeInCrypto.
2021-5-19 19:03 | |