Japan’s financial regulator proposes tax reforms for cryptos

The Financial Services Agency, Japan’s financial regulator, has formally proposed to ease the corporate tax burden on crypto-assets.  The move resonates with Prime Minister Fumio Kishida’s recentThe post Japan’s financial regulator proposes tax reforms for cryptos appeared first on AMBCrypto. дальше »

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D.C. sued this ‘bitcoin bull’ for tax fraud

MicroStrategy Incorporated (NASDAQ: MSTR) is down 7. 0% on Thursday after Michael Saylor – its current executive chairman was sued for tax fraud. Details of the lawsuit Karl Racine (Attorney General for the District of Columbia) accused Saylor in a lawsuit filed yesterday of living in D. дальше »

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Bitcoin Fanatic Michael Saylor Sued By Washington, D.C., Attorney General For Tax Fraud

Washington D.C. Attorney General Karl Racine is suing business intelligence firm MicroStrategy and its founder, Michael Saylor, for evading taxes for the over ten years that he has lived in the district. дальше »

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First Mover Americas: Bitcoin Dips Below $20K; Michael Saylor Gets Sued for Tax Fraud

The latest price moves in bitcoin (BTC) and crypto markets in context for September 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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First Mover Americas: Bitcoin Drops Below $20K, Michael Saylor Sued for Tax Fraud

The latest price moves in bitcoin (BTC) and crypto markets in context for September 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Saylor respectfully disagrees with DC AG allegations of tax avoidance

On August 31, D.C.

The post Saylor respectfully disagrees with DC AG allegations of tax avoidance appeared first on CryptoSlate.

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Japan Proposes Tax Break for Crypto Investors

Japan looking forward to providing more breaks for cryptocurrency investors and traders to incentivize country's economy дальше »

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Ethereum Merge and the hefty tax bill you could be in for

The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn.

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CryptoSlate Wrapped Daily: Bitcoin maximalist Saylor getting sued for tax fraud, volatility expected ahead of Ethereum’s Merge

The biggest news in the cryptoverse for August 31 includes  US Congress asking 5 crypto exchanges to explain how they are combatting crypto fraud, Michael Saylor getting sued for tax fraud in Washington, and Christopher Hamilton being extradited to the United States for trial on OneCoin Scam. дальше »

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MicroStrategy And Its Executive Chairman Michael Saylor Are Being Sued For Tax Fraud

The D.C. AG alleges that Saylor and MicroStrategy conspired to commit tax evasion by fraudulently representing Saylor’s primary residence from 2005 to present. дальше »

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DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion

"If you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable,” said DC Attorney General Karl Racine. дальше »

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Michael Saylor, MicroStrategy getting sued for tax fraud in Washington

Washington DC Attorney General Karl Racine has revealed that the district is suing Michael Saylor and his company MicroStrategy for tax fraud. The post Michael Saylor, MicroStrategy getting sued for tax fraud in Washington appeared first on CryptoSlate. дальше »

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Bitcoin ‘Maximalist’ Michael Saylor Sued for Tax Fraud in DC

Michael Saylor, founder and former CEO of the software company MicroStrategy, is being sued by the District of Columbia, DC Attorney General Karl Anthony Racine, announced on Twitter.  The post Bitcoin ‘Maximalist’ Michael Saylor Sued for Tax Fraud in DC appeared first on BeInCrypto. дальше »

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Michael Saylor and MicroStrategy Sued for Tax Fraud

Billionaire Bitcoin whale Michael Saylor is being sued by the District of Columbia, where he currently resides, for tax fraud. D.C. Attorney General Karl Racine made the announcement Wednesday on... дальше »

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District of Columbia Suing MicroStrategy Founder Michael Saylor for Tax Fraud

The Attorney General’s office is also suing the business software company for allegedly helping him evade taxes on his earnings in the district. дальше »

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BREAKING: Bitcoin Evangelist Michael Saylor Sued for Tax Fraud by D.C. Attorney General

The tech executive has been sued for tax fraud by the attorney general of Washington D.C дальше »

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The Japanese Government is Preparing a New Tax Reform for Crypto Investors

In June, the Japan Financial Services Agency received requests to revise the taxation of token issuers. According to MP Taira Masaaki, the Financial Services Agency and the Ministry of Economy, Trade and Industry are considering tax reform that will enter into force next year. дальше »

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Argentine Province of Mendoza to Accept Stablecoins for Tax Payments

The fifth most populous province of Argentina will now accept cryptocurrencies, especially stablecoins, for tax payments, according to the Mendoza Tax Administration (ATM). The post Argentine Province of Mendoza to Accept Stablecoins for Tax Payments appeared first on BeInCrypto. дальше »

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Argentina’s Mendoza province now accepting crypto for taxes and fees

The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.

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Argentina’s wine capital Mendoza accepts crypto for provincial taxes

The government of Mendoza has added crypto to legal tax payment options and provided… The post Argentina’s wine capital Mendoza accepts crypto for provincial taxes appeared first on CoinJournal. дальше »

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Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments

Crypto payments to the province’s government would be immediately converted to Argentine pesos. дальше »

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South Korea To Impose “Gift Tax” On Crypto Airdrops

South Korea is looking to impose a new sort of tax on cryptocurrencies. The East Asian country has remained on the news within the crypto space of late as it seeks to institute proper regulation of the nascent industry. дальше »

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Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report

Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains. дальше »

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Japan might be lowering tax burdens on crypto startups in 2023

The Japanese Government indicated a possibility of reducing the tax burdens on crypto startups with the 2023 tax reform to prevent startups from leaving the county to set up their businesses, Yomiuri Shimbun Online reported. дальше »

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Japan considers implementing tax reforms to prevent capital flight of crypto startups

Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector.

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South Korea Introduces a Tax on Crypto Airdrops

Such a decision is governed by the gift and inheritance tax law. According to the Ministry of Economy and Finance, recipients will pay a tax of 10 to 50% for a “gift” in the form of cryptocurrency. дальше »

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How to Get your Crypto Tax Reports Done in Minutes

Tax is a complicated matter, it’s even more complicated when it comes to cryptocurrencies. BitYard, as a leading cryptocurrency trading platform dedicated to creating the... дальше »

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South Korea: Crypto-airdrops might soon be subject to Gift Tax

According to a report by South Korean news agency Yonhap News, virtual asset transfers for free are subject to gift tax. This, as per the guidance of the Ministry of Strategy & Finance in the couThe post South Korea: Crypto-airdrops might soon be subject to Gift Tax appeared first on AMBCrypto. дальше »

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South Korea Plans to Tax Crypto Airdrop Recipients: Report

South Korea’s Ministry of Economy and Finance has said crypto airdrops could be subjected to a gift tax of between 10% and 50%. дальше »

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South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens

Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject to a gift tax under the Inheritance and Gift Tax Act. дальше »

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Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops

South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines. дальше »

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South Korea to Impose 10–50% Gift Tax on Crypto Airdrops

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. дальше »

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Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year

The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors. дальше »

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Colombia planning to launch Digital Currency to curb tax evasion

The government of Colombia has revealed that it is planning to launch a digital… The post Colombia planning to launch Digital Currency to curb tax evasion appeared first on CoinJournal. дальше »

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Colombia Explores Creating a CBDC to Combat Tax Evasion

As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions. дальше »

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IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers

The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid. дальше »

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IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders

The IRS can serve a "John Doe" summons on crypto prime dealer SFOX, a court ruled Monday, allowing the tax agency to ask SFOX to provide details on any customers who transacted over $20,000 between 2016 and 2021. дальше »

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Crypto Tax Loss Harvesting – How to Reduce Your US Crypto Taxes

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. дальше »

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Koinly Review – Is Koinly Safe To Use & How Much Does It Cost?

Koinly is the leading crypto tax calculator – what Binance is among crypto exchanges, Koinly is among crypto tax software. We will break down the tax calculator in this Koinly review, explain how it works, is it legit and safe to use and is it worth the money you pay for their advanced packages. дальше »

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Leading crypto tax platform CoinLedger expands into Canada

CoinLedger, a major tax reporting platform for DeFi, crypto, and NFT users, has officially… The post Leading crypto tax platform CoinLedger expands into Canada appeared first on CoinJournal. дальше »

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Solana-hacked crypto could be claimed as a tax loss: Experts

Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts. дальше »

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ACCOINTING.com review: track crypto portfolios and generate crypto tax reports

ACCOUNTING.com is a one-stop platform that allows cryptocurrency users to track their crypto portfolios… The post ACCOINTING.com review: track crypto portfolios and generate crypto tax reports appeared first on CoinJournal. дальше »

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Japan may see a reduced 20% tax on crypto earnings with new proposal

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. дальше »

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Crypto Groups in Japan Release Fiscal 2023 Tax Reform Request

The JCBA and JVCEA have published a tax reform request for 2023 asking for separate taxation of crypto at a rate of 20%, among other things. The post Crypto Groups in Japan Release Fiscal 2023 Tax Reform Request appeared first on BeInCrypto. дальше »

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US Lawmakers Move to Clarify Definition of 'Brokers' in 2021 Infrastructure Law

A bipartisan group of U.S. lawmakers want to ensure that the definition of a crypto "broker" for tax reporting purposes does not capture parties that cannot report crypto transactions for tax purposes. дальше »

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What Kazakhstan’s new tax regime means for the crypto mining industry

New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate. дальше »

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Japan Crypto Advocates Propose Tax Cuts to Stem Talent Exodus

Japanese cryptocurrency advocacy groups will petition the government to relax corporate tax regulations, allowing the growth of the country's digital asset industry. The post Japan Crypto Advocates Propose Tax Cuts to Stem Talent Exodus appeared first on BeInCrypto. дальше »

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Japanese lobbying groups wants tax cuts to maintain crypto-talent

According to reports, cryptocurrency lobbying organizations in Japan plan to push lawmakers to lower the tax rates on the local digital asset sector. As a result, professionals in the field are more lThe post Japanese lobbying groups wants tax cuts to maintain crypto-talent appeared first on AMBCrypto. дальше »

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Japan’s top crypto lobby groups push for lower taxes to attract talent

Japan’s strongest crypto lobbying groups say that current tax rates prevent industry growth and call for lower taxes to prevent talent outflow. The post Japan’s top crypto lobby groups push for lower taxes to attract talent appeared first on CryptoSlate. дальше »

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US Senators Introduce Bill to Make Crypto Purchases Less Than $50 Tax-Free

Two U.S. Senators have introduced a new bill to try and eliminate capital gains tax on crypto purchases less than $50. The post US Senators Introduce Bill to Make Crypto Purchases Less Than $50 Tax-Free appeared first on BeInCrypto. дальше »

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