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Category: tax exemptions
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Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
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Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
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Crypto Tax Breaks Proposed by Officials in Russia
Tax exemptions on profits from crypto-related transactions have been proposed during a meeting at the Ministry of Economic Development of Russia. Participants also called for a 10 fold increase of the limit for individual investments in ICOs. Russians should be allowed to open accounts with foreign exchanges, officials insisted. Also read: Russian Lawmaker Proposes […]
The post Crypto Tax Breaks Proposed by Officials in Russia appeared first on Bitcoin News.
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Spain Mulls Tax Breaks for Blockchain and Crypto Firms
Proposals to introduce tax exemptions for companies using blockchain technologies and cryptocurrency have been put on the table in Spain. The ruling People’s Party is preparing new legislation that will also offer incentives to entrepreneurs raising funds through ICOs. If lawmakers adopt the amendments, investors will not be required to report crypto assets under certain […]
The post Spain Mulls Tax Breaks for Blockchain and Crypto Firms appeared first on Bitcoin News.
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Law to Legalize Crypto Mining Introduced in Armenia
Armenia may soon follow in the footsteps of countries like Belarus in regards to crypto regulation. Newly proposed legislation provides the basis for legalizing and regulating cryptocurrency mining in the country. Tax exemptions and other incentives will be offered to miners. If the draft law is adopted, businesses will be able to operate mining facilities […]
The post Law to Legalize Crypto Mining Introduced in Armenia appeared first on Bitcoin News.
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