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Japan is moving deeper into the compliance phase of crypto regulation, and the latest push is less about approving new products or licensing exchanges than about making digital asset activity harder to hide from tax authorities. Japan officials expand crypto tax and compliance regime in new push for clarity New guidance and documentation published by … Read more
Crypto tax confusion persists despite widespread adoption, with most U.S. investors aware of obligations but struggling to execute accurately as new reporting rules and portfolio complexity widen compliance gaps across digital asset markets. Data Reveals Crypto Tax Chaos as Investors Face Costly Errors Rising participation in digital assets has exposed a gap between compliance intent … Read more
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed Economy Minister, will focus on other issues to avoid losing further support from lawmakers. Crypto Taxation Plans Delayed as Lula Shifts Into Election Mode While … Read more
Yang, who campaigned in favor of a $1,000 universal basic income (UBI) back in 2020, stated that as more companies substitute labor with AI, there should be a shift to tax these artificial solutions rather than labor, as a popular backlash against the tech is brewing. Andrew Yang Vows to Tax AI Instead of Labor … Read more
South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy altogether before it ever sees daylight. South Korea Crypto Policy Shift Could Remove Tax Burden Entirely According to the regional news publication Digital Asset, South Korea’s opposition party has introduced legislation to fully … Read more
South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits. The End of the ‘Offshore Shield’ The South African Revenue Service (SARS) has, since March 1, used its most sophisticated tools to date to track crypto-assets and offshore financial interests. The … Read more
Mahad Mohamed is a senior crypto tax and accounting specialist with over 25 years of experience in public accounting and tax advisory. His background includes work with Big Four firms and government tax authorities, giving him deep insight into regulatory review and enforcement. Mahad Mohamed is the CEO of Block3 Finance, a firm dedicated exclusively … Read more
Dutch lawmakers have approved legislation introducing a 36% tax on actual investment returns starting in 2028. The law applies to both realized and unrealized gains, including cryptocurrencies such as bitcoin and ethereum, meaning paper gains will be taxed even if assets are not sold. Taxing the ‘Paper Gains’ The Dutch House of Representatives has passed … Read more
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchanges subject to the existing Tax on Financial Transactions (IOF). Brazil Prepares For Issuing Decree Taxing Stablecoin Purchases and Remittances The Brazilian crypto … Read more
Reports detail that Vietnam’s Ministry of Finance has floated a draft circular that would pull cryptocurrency trading firmly into the tax net, proposing a securities-style framework that levies a flat 0.1% personal income tax on every crypto transfer while exempting the activity from value-added tax. Vietnam’s Crypto Market Pilot Adds 0.1% Personal Income Tax Under … Read more