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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
The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected to spark a fierce discussion in Congress and even legal actions. Brazil Aims to Tax Crypto Flows by Decree, Strong Opposition … Read more
Julia Rosin, President of Abcripto, the Brazilian Association of Cryptoeconomics, stated that if the Ministry of Finance decides to tax stablecoins transactions by decree, the institution will take legal actions alleging unconstitutionality. Abcripto groups over 50 companies of the Brazilian crypto industry. Abcripto Vows to Take Legal Actions Against Stablecoin Taxation in Brazil The issue … Read more
Crypto markets are entering a more regulated phase as governments expand coordinated data-sharing rules, signaling broader tax oversight while pushing digital assets closer to mainstream financial systems across multiple jurisdictions. 48 Jurisdictions Move Toward Crypto Data Sharing, Signaling End of Tax Secrecy Governments are escalating global coordination on digital asset taxation as transparency standards widen. … Read more
A bipartisan bill in Congress is accelerating efforts to modernize crypto taxation, signaling a turning point as lawmakers move to align digital assets with traditional markets while easing compliance pressure on traders, investors, and users. Bipartisan Bill Pushes Crypto Tax Parity With Traditional Markets A bipartisan effort in Congress is advancing a framework to modernize … Read more
Lawmakers are confronting rising pressure to modernize cryptocurrency tax policy as uncertainty clouds compliance, threatens U.S. competitiveness, and forces Congress to weigh legislative action amid warnings that capital and innovation could move offshore. Capitol Hill Braces for Crypto Tax Overhaul as Crapo Warns of Capital and Innovation Exit U.S. Lawmakers are confronting mounting pressure to … Read more
The Canada Revenue Agency has recovered over $72 million in unpaid taxes from cryptocurrency audits in the past three years. However, the agency has reportedly not laid any criminal charges since 2020. High Non-Compliance Rates Among Crypto Users The Canada Revenue Agency (CRA) has collected more than $72 million USD in unpaid taxes over the … Read more
The Brazilian Federal Revenue Service has revised the rules for tax declarations on crypto assets. The new rules require foreign exchanges to report transactions to the agency and mandate that DeFi operations be disclosed. New Brazilian Tax Rules Target Foreign Exchanges, DeFi Activities The Facts The Brazilian Tax Agency (Receita Federal) has published new rules … Read more
The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the 2024–25 tax year. Surge in ‘Nudge’ Letters Revealed by FOIA The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 “nudge” letters to … Read more
