Taxes / Заголовки новостей
Japan grants tax exemption to token issuers
The National Tax Agency in Japan recently revised a law on June 20, exempting token issuers from paying corporate taxes on unrealized cryptocurrency gains. дальше »
2023-6-26 16:03
How to track and report crypto transactions for tax purposes
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. дальше »
2023-6-21 18:42
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.
дальше »2023-6-12 10:54
Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers. дальше »
2023-6-2 00:25
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners. дальше »
2023-5-30 00:53
Biden opposes agreement that could protect “tax cheats and crypto traders”
U.S. President Joe Biden expressed opposition to a proposal that could result in low taxes for crypto investors, The Hill reported on May 21. Biden wants to cut crypto tax loopholes Following a G7 summit in Hiroshima, Japan, Biden said: “I’m not going to agree to a deal that protects wealth tax cheats and crypto […] The post Biden opposes agreement that could protect “tax cheats and crypto traders” appeared first on CryptoSlate. дальше »
2023-5-22 00:40
Biden won’t accept debt deal protecting crypto traders
United States President Joe Biden has expressed opposition to a debt ceiling deal that he says would benefit “wealthy tax cheats and crypto traders” while putting food assistance programs at risk. дальше »
2023-5-22 19:26
Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’
U. S. President Joe Biden called for an end to unspecified crypto tax rules on May 9. On Twitter, Biden posted an infographic that read: “We think Congress should cut tax loopholes that help wealthy crypto investors. дальше »
2023-5-10 01:29
Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto
Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments. дальше »
2023-5-9 16:03
Environmental lawyer weighs in on crypto mining and taxation proposal
Robert F. Kennedy Jr. engages in a discussion about the sustainability of cryptocurrency mining, the need for a diverse ecosystem of currencies, and the potential consequences of the proposed 30% tax. дальше »
2023-5-5 17:05
President Bukele eliminates all taxes on tech innovations
El Salvador’s President Bukele has signed the Innovation and Technology Manufacturing Incentives Act into law. In a tweet posted on May 4, President Bukele said the Act removes all taxation on technology innovations, including software programming and hardware manufacturing. дальше »
2023-5-5 18:58
Biden Administration Proposes 30% Tax On Energy Used By Bitcoin Miners
The Digital Asset Mining Energy excise tax would harm businesses and push innovation out of the United States. дальше »
2023-5-4 19:06
Kenya introduces 1.5% tax to crypto companies
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. дальше »
2023-5-2 15:00
Tax law researchers propose IRS framework for deducting crypto losses
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. дальше »
2023-4-29 22:15
Nebraska executive testifies about crypto in senate hearing on energy
In a recent hearing, the former head of the Economic Development Office in Nebraska, Courtney Dentlinger, testified about bitcoin, noting that mining lowers property taxes. дальше »
2023-4-20 00:32
Op-ed: Even free crypto is taxable – what to look out for this tax season
Crypto holders are always looking for airdrops or free crypto – but many don’t consider the associated tax obligations. If you’re based in the US, it’s not great news regarding airdrop taxes. дальше »
2023-4-17 15:00
Over 99% of crypto investors don’t report taxes, report indicates
As the cryptocurrency market continues to grow, tax authorities worldwide face mounting challenges in ensuring compliance. A recent study by Divly, a crypto-tax platform, reveals that a mere 0.53% of cryptocurrency investors globally declared their crypto activities to local tax… дальше »
2023-4-7 15:50
Denmark’s supreme court rules bitcoin profits are taxable
The Supreme Court of Denmark in a recent judgment ruled that profits obtained from the sale of bitcoin were taxable, with the ruling applying to investors and miners. дальше »
2023-3-31 22:00
Canadian pension funds to reveal crypto exposure
In a bid to protect citizens’ retirements, the Canadian government will direct regulated pension funds to show their exposure to cryptocurrency. Part of Canada’s 2023 budget plan mentioned the need to protect investors from cryptocurrency risks, adding that “there is… дальше »
2023-3-29 15:13
Bitcoin-Friendly El Salvador Wants To Waive Taxes For Tech Innovation
El Salvador wants to waive taxes to spur technology innovations after becoming the first country in the world to make Bitcoin legal tender two years ago. Spurring Technology Innovation President Nayib Bukele announced on Friday that he will send a bill to Congress next week to eliminate all taxes on software programming, coding, apps, artificial […] дальше »
2023-3-24 14:30
New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades
CoinTracker, a provider of tax software for cryptocurrencies, is collaborating with H&R Block. The post New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades appeared first on CryptoSlate. дальше »
2023-3-10 02:03
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
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. дальше »
2023-3-10 02:02
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. The post Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners appeared first on CryptoSlate. дальше »
2023-3-10 01:19
Biden to propose changing crypto tax rules: WSJ
United States President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. The post Biden to propose changing crypto tax rules: WSJ appeared first on CryptoSlate. дальше »
2023-3-9 03:40
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.
дальше »2023-3-8 16:48
Only 58% of American crypto investors reported tax returns in 2022 – CoinLedger
A survey of United States crypto investors found that 58% of the sample size reported crypto holdings on their taxes in 2022 — up 4% year-over-year — while 31% did not report and 11% of the sample size declined to answer. дальше »
2023-2-11 18:00
IRS broadens tax requirements for crypto to encompass everyone
The International Revenue Service (IRS) has updated its taxation and reporting requirements and broadened its scope to everyone who “has dealt” with digital assets, according to a Forbes report. дальше »
2023-2-8 15:15
Binance Tax launched to prepare crypto users for the tax season
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. дальше »
2023-2-7 10:50
IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. дальше »
2023-1-29 13:50
US tax law firm wants to help crypto users
The law office of David W. Klasing has urged crypto market participants who haven’t been filing taxes to come forward and seek assistance. дальше »
2023-1-18 22:10
ECB official urges CBDC development for the good of cryptocurrency and consumers
ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly. дальше »
2023-1-6 22:15
Italians to pay 26% crypto gains tax from 2023
The Italian Parliament has approved the implementation of a 26% taxation on any crypto-oriented profits above €2,000 on December 30. This new legislation is a part of the 2023 Italian budget. The post Italians to pay 26% crypto gains tax from 2023 appeared first on CryptoSlate. дальше »
2022-12-31 00:00
The outcome of SBF's prosecution could determine how the IRS treats your FTX losses
Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win. дальше »
2022-12-17 01:48
EU forces crypto market participants to share data for taxation
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… дальше »
2022-12-9 21:14
EU To Force Crypto Companies To Report Their Users’ Holdings To Tax Authorities
Potentially, even companies outside of Europe could be forced to disclose user holdings according to the EU. дальше »
2022-12-10 19:46
Kenyan legislation establishes crypto taxation, creates consumer protections
The country’s first effort at crypto regulation amends its Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements. дальше »
2022-11-22 22:00
Op-ed: Is SBF a superhero, villain or simply misunderstood by the crypto community?
FTX CEO Sam Bankman-Fried is a controversial figure in the world of crypto, perhaps the most contentious following his recent statements on regulation. The post Op-ed: Is SBF a superhero, villain or simply misunderstood by the crypto community? appeared first on CryptoSlate. дальше »
2022-10-31 22:00
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
Costa Rican Congresswoman Johana Obando proposed a bill titled “Cryptoassets Market Law (MECA),” to regulate and recognize cryptocurrency in the Central American country. The post Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency appeared first on CryptoSlate. дальше »
2022-10-29 15:40
IRS Drafts New Crypto Reporting Rules for Tax Year 2022
The Internal Revenue Service (IRS) has released a draft of new instructions to U.S. taxpayers on reporting digital asset activity. IRS Releases Draft Tax Document The IRS is expanding its... дальше »
2022-10-20 00:13
Portugal will implement 28% tax on crypto in 2023
The Portuguese government will introduce a 28% tax on all earnings generated from crypto held for less than a year in its 2023 budget. The post Portugal will implement 28% tax on crypto in 2023 appeared first on CryptoSlate. дальше »
2022-10-11 14:10
Rich Indians Buying Homes In Dubai With Crypto Are Entering Into A Legal Trap
Wealthy Indians are using crypto to buy houses in Dubai. Major real estate firms in the Emirate are taking digital currencies in exchange for houses. дальше »
2022-10-8 20:00
Celsius Users Still Confused About Taxes as Court Battles Continue
As questions around Celsius restructuring and fund recovery continue, investors continue to express their worries about tax. Following its fall a few months ago, Celsius has constantly been fighting legal suits unlikely to end soon. However, many Celsius investors are… дальше »
2022-10-1 05:00
IRS secures court approval to probe records of M.Y. Safra Bank, SFOX users over failure to report taxes
On September 22, a United States judge granted the Internal Revenue Service’s (IRS) petition that requires M.Y. The post IRS secures court approval to probe records of M.Y. Safra Bank, SFOX users over failure to report taxes appeared first on CryptoSlate. дальше »
2022-9-23 15:00
UK should lower crypto tax rate to encourage growth – MP Matt Hancock
Matt Hancock, former Secretary of State for Digital, culture, music, and sport, said the United Kingdom must take a long-term approach and lower crypto taxes to allow digital innovation to grow. The post UK should lower crypto tax rate to encourage growth – MP Matt Hancock appeared first on CryptoSlate. дальше »
2022-9-23 11:40
South Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021
The country began seizing crypto to offset tax arrears last year.
дальше »2022-9-23 18:30
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
South Korean authorities have seized approximately $185 million worth of digital assets from tax delinquents since 2021, Yonhap news agency reported on September 22. The post Korean tax authorities seize $185M worth of crypto from tax evaders since 2021 appeared first on CryptoSlate. дальше »
2022-9-22 13:40
Colorado enables crypto payment for taxes
Colorado residents can now pay their taxes using cryptocurrencies, Axios reported on September 20.
The post Colorado enables crypto payment for taxes appeared first on CryptoSlate.
дальше »2022-9-21 04:25
Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. дальше »
2022-9-21 20:27
The Only Potential Benefit Of Central Bank Digital Currencies: Bitcoin Adoption
Central Bank Digital Currencies are a dystopian implementation of money and will only benefit society by encouraging people to adopt bitcoin. дальше »
2022-9-13 06:00
Tax implications of the Ethereum Merge and what to do to prepare
CryptoSlate spoke with Tony Dhanjal, Head of Tax at Koinly, a crypto-focused tax software company. The post Tax implications of the Ethereum Merge and what to do to prepare appeared first on CryptoSlate. дальше »