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UAE Removes VAT On Cryptocurrency Transfers And Conversions
The UAE has made a serious commitment to make it increasingly attractive as a global cryptocurrency hub by announcing a massive tax exemption. Starting November 15, 2024, all transactions involved in cryptocurrency exchange and conversion will be exempted from Value Added Tax. дальше »
2024-10-7 19:00 | |
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Tax-free crypto transactions coming to UAE in November to push digital ambition
The United Arab Emirates (UAE) has exempted crypto transactions from the country’s 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT. дальше »
2024-10-7 18:30 | |
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Is UAE setting the stage for a crypto revolution with VAT exemption?
The United Arab Emirates (UAE) has made a significant move in the evolving world of cryptocurrencies by introducing VAT exemptions for virtual asset transactions. On October 2, 2024, the UAE’s Federal Tax Authority (FTA) announced changes under Cabinet Decision No. дальше »
2024-10-8 16:47 | |
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The UAE Exempts Crypto Transactions from VAT
The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but retroactively apply to transactions from January 1, 2018. The UAE government amended its regulations around value-added tax laws to exclude digital assets and transactions involving them. дальше »
2024-10-7 14:30 | |
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UAE's crypto tax exemption: Could other countries follow?
The UAE has introduced retroactive VAT exemptions for crypto transactions, enhancing its appeal as a crypto-friendly destination. This move highlights the Middle East's proactive stance on crypThe post UAE's crypto tax exemption: Could other countries follow? appeared first on AMBCrypto. дальше »
2024-10-7 11:30 | |
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UAE exempts cryptocurrency transfers, conversions from value-added tax
The UAE, particularly through its Dubai and Abu Dhabi financial hubs, continues to introduce initiatives and regulatory frameworks to attract crypto companies and investors. Consider the latest update: The UAE announced value-added tax (VAT) exemptions for crypto transfers and conversions.… дальше »
2024-10-7 20:11 | |
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Nigerian Kucoin users to pay 7.5% VAT on all transactions
Starting Monday, July 8th, Kucoin will charge a 7. 5% tax on all transactions made by users registered in Nigeria. This decision comes from a regulatory update from the Nigerian SEC. Kucoin exchange took to Twitter (X) to announce that starting Monday, July 8th, Nigerian users will be charged a 7. дальше »
2024-7-6 01:45 | |
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Thailand Drops Taxes on Domestic Crypto Trading, Overseas Uncertainty Remains
Thailand's Finance Ministry has exempted domestic crypto asset trading from value-added tax (VAT), effective from January 1, 2024. However, uncertainty remains for overseas investors due to tax and accessibility issues. дальше »
2024-2-7 07:15 | |
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Paraguay’s new bill may turn the country into mining heaven
On July 14, the Senate of Paraguay sent a bill to the President’s approval to allow crypto miners to use excess energy and be exempt from Value Added Tax (VAT). The post Paraguay’s new bill may turn the country into mining heaven appeared first on CryptoSlate. дальше »
2022-7-16 16:30 | |
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Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now
Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill. дальше »
2022-6-30 04:00 | |
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Russia approves tax exemptions for issuers of cryptocurrency
The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT). The post Russia approves tax exemptions for issuers of cryptocurrency appeared first on CryptoSlate. дальше »
2022-6-29 15:45 | |
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Thailand Central Bank Not Rushing to Deploy CBDC, Crypto VAT Gets Delayed
The Bank of Thailand has put the brakes on its central bank digital currency (CBDC) plans as it sees plenty of viable alternatives for online payments. The post Thailand Central Bank Not Rushing to Deploy CBDC, Crypto VAT Gets Delayed appeared first on BeInCrypto. дальше »
2022-5-27 07:56 | |
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Indonesia Set To Tax Crypto Transactions And Investments From May
An Indonesian tax official reveals that the country will impose taxes on the crypto market. According to the report, crypto transactions will be subject to VAT below 11%, and income tax will be pegged at 0. дальше »
2022-4-4 13:17 | |
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UK tax authority makes first NFT seizure in VAT fraud case
The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification.
дальше »2022-2-14 12:06 | |
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Bitcoin City: Can The Key To BTC Taxes Be VAT?
The proposed El Salvador project would receive tax revenue in an interesting way that appears on the surface more digestible to investors. дальше »
2021-12-22 03:00 | |
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Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash
Saudi Arabia has introduced new austerity measures in the wake of the oil price collapse, a sign that the recent recovery will be short-lived. The post Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash appeared first on CCN.com дальше »
2020-5-12 01:59 | |
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France: Crypto-to-Crypto Transactions Tax-Exempt Unless Traded for Fiat
France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019. дальше »
2019-9-13 17:00 | |
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Bitcoin & Crypto Trading and Payments Declared Tax-Free by Portugal Tax Authority
Crypto transactions exempt from VAT or capital gain taxes – PTA The Portugues Tax Authority (PTA) has officially announced that both trading and payments in cryptocurrencies will not be taxed in the country, as per the report published on August 26 by a Portugues business newspaper. дальше »
2019-8-29 19:49 | |
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Georgian Government To Exempt Bitcoin From Value-Added Tax (VAT), No Income Tax For Traders
Since the inception of the crypto industry nearly a decade back, various regulators across the globe have been faced with the task of taxing digital currencies in a way that is not only fair but also quite streamlined. дальше »
2019-7-13 19:37 | |
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Georgia reaffirms bullish attitude on crypto after it exempts Value Added Tax (VAT) on Bitcoin
Georgia has joined the elite list of countries to have exempted Value Added Tax (VAT) on Bitcoin. A bill regarding the same was recently passed and made into a law after it was signed by Georgia’s Finance Minister, Nodar Khaduri. дальше »
2019-7-13 13:30 | |
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Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. дальше »
2019-7-13 03:45 | |
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Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian and voluntaryist idea of taxation as theft. дальше »
2019-7-8 17:00 | |
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Who Are the Real Thieves? Danish Authorities in Tax Evasion Crackdown
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian and voluntaryist idea of taxation as theft. дальше »
2019-7-9 17:00 | |
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Singapore Proposes Dropping VAT on Cryptocurrencies
Coinspeaker Singapore Proposes Dropping VAT on CryptocurrenciesSingapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) - the local equivalent of Value-Added Tax (VAT). дальше »
2019-7-8 11:48 | |
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Singapore Wants to Drop VAT for Transacting in Cryptocurrencies
Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT
дальше »2019-7-9 11:02 | |
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Toxic ICO Taxes: Thailand Stock Chief Slams Regulators for Crippling Crypto-Friendly Startups
By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax. дальше »
2019-5-7 14:24 | |
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Thai Revenue Department Tests Blockchain Technology to Track VAT Payments
Blockchain technology is being tested by the Revenue Department of Thailand to keep track of value-added tax (VAT) payments, reports Bangkok Post, December 3, 2018. If successful, Thailand could become the first country in the world to utilize distributed ledger technology (DLT) for tax purposes. дальше »
2018-12-4 06:00 | |
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Thailand’s Revenue Department To Test Blockchain For Value-Added Tax (VAT) Payment Use Case
Blockchain Trial In Thailand Tests Out Value-Added Tax Payment Use Case In a report from the Bangkok Post on Monday, it seems that blockchain technology is making an even bigger impact than simply within cryptocurrency. дальше »
2018-12-4 23:34 | |
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October in Africa: Egypt stifles tech innovation, Google gets busy
The Egyptian government has had a busy time of late, shutting down taxi app mergers, taxing e-commerce platforms, and enforcing digital media regulation laws. Rumors have been swirling that Uber and regional equivalent Careem might be set to merge in Egypt, but it’s not going to happen. дальше »
2018-11-1 17:34 | |
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Meerkat ICO
MEERKAT is designed for local merchants. They can exchange MEERKAT tokens for their local FIAT currency by sending them to the exclusive Merchant Smart Contract. In exchange for their collected tokens, they receive the local FIAT+VAT value of the products they have sold for MEERKATs. дальше »
2018-8-7 02:57 | |
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Thailand Unveils New Detailed Cryptocurrency, ICO Regulations
Thailand’s Security and Exchange Commission has released a comprehensive framework for the regulation of the country’s cryptocurrency market. The laws cover ICOs, approved cryptocurrency trading pairs, and licensing fees for market operators. дальше »
2018-6-11 18:00 | |
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