Taxation – Page 9 – DIGIT INFO

India’s Income Tax Department may soon target crypto trades and ecosystem

Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments.

Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says

The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins isn’t prohibited either, according to a leading advisor on crypto matters at the Ukrainian parliament. Amendments to Ukraine’s Tax Law to Regulate Accounting for Crypto […]

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Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of Digital Currency Discussing upcoming changes in the legislation regarding digital currencies in Russia, head […]

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Slovenian finance authority proposes 10% tax on crypto income

Slovenian financial authorities have announced a proposal to tax cryptocurrency participants 10% on their asset income, specifically on purchasing and selling activities.

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Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges

The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax collection. Tax Agency Wants to Obtain User Data From Authorized Exchanges Seeing an opportunity to use exchange transactions as a […]

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EY aims to simplify cross-border withholding tax process with blockchain

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system.

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Senators add crypto taxes to infrastructure deal to raise $28B in extra revenue

U.S. lawmakers believe they can find $28 billion worth of infrastructure funding by expanding taxation on crypto transactions.

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Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024

Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year. Strategy for Crypto Market […]

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Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October

The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital assets. New Legislation to Regulate Turkey’s Crypto Market Following in the footsteps […]

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Tennessee city wants to accept property tax payments in Bitcoin

Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation.

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