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Category: tax authorities
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Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
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South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
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Eight Countries That Don’t Tax Your Bitcoin Gains
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes. Circumstances vary, but the real […]
The post Eight Countries That Don’t Tax Your Bitcoin Gains appeared first on Bitcoin News.
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Five Nations Join Efforts to Punish Transnational Bitcoin Tax Crime
Tax enforcement authorities from five nations announced that they have created a united alliance, the Joint Chiefs of Global Tax Enforcement, known as “the J5.” The J5 said they are committed to combating transnational tax crime “through increased enforcement collaboration,” in other words: working together to gather information, share intelligence, and conduct joint operations. Also […]
The post Five Nations Join Efforts to Punish Transnational Bitcoin Tax Crime appeared first on Bitcoin News.
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Indians Confused Over Crypto Taxation – Exchanges Ask Government to Clarify
The Indian government has been cracking down on cryptocurrency-related tax evasion. While the tax authority has notified crypto exchanges and wealthy traders that they must pay taxes, no clear guidelines have been provided. Indians are confused about how cryptocurrencies are taxed and seven bitcoin exchanges are asking the regulators for clarification. Also read: Russian Regulators Draft […]
The post Indians Confused Over Crypto Taxation – Exchanges Ask Government to Clarify appeared first on Bitcoin News.
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