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Taxes

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Slovakian parliament votes in approval of lower crypto taxes

June 29, 2023 by DIGIT

A parliamentary vote held by officials in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Europe, Slovakia, Tax reduction, Taxes

How to track and report crypto transactions for tax purposes

June 21, 2023 by DIGIT

Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know. Go to Source Powered by WPeMatico

Categories crypto assets, Taxes

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

June 10, 2023 by DIGIT

The Act aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Cryptocurrency Exchange, Nigeria, Taxes

Intuit introduces proprietary large language models for fintech with GenOS

June 7, 2023 by DIGIT

Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data. Go to Source Powered by WPeMatico

Categories ai, chatGPT, Cryptocurrencies, IRS, Machine Learning, Taxes, United States

Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns

June 1, 2023 by DIGIT

The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers. Go to Source Powered by WPeMatico

Categories Fees, Liquidity providers, LP, Taxes, uniswap, uniswapdao

Does the US have a crypto ‘tax loophole’ problem?

June 1, 2023 by DIGIT

The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt-ceiling bill. Another narrow escape? Go to Source Powered by WPeMatico

Categories Government, Law, Taxes, US Government

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

May 29, 2023 by DIGIT

According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners. Go to Source Powered by WPeMatico

Categories Government, mining, Regulation, Taxes, United States

G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

May 22, 2023 by DIGIT

The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets. Go to Source Powered by WPeMatico

Categories Europe, European Union, South Korea, Taxes, Terra, Texas, uk government

Biden won’t accept debt deal protecting crypto traders — G7

May 21, 2023 by DIGIT

U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders. Go to Source Powered by WPeMatico

Categories Government, Taxes, United States, US Government

Updated European tax directive requires reporting on all crypto asset transfers

May 16, 2023 by DIGIT

DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules. Go to Source Powered by WPeMatico

Categories European Union, MiCA, Taxes
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  • bitcoinBitcoin(BTC)$89,632.00-1.76%
  • ethereumEthereum(ETH)$3,036.41-2.83%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-1.93%
  • binancecoinBNB(BNB)$884.14-0.94%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.78-2.89%
  • tronTRON(TRX)$0.2899481.53%
  • staked-etherLido Staked Ether(STETH)$3,034.73-2.82%
  • dogecoinDogecoin(DOGE)$0.139618-3.11%