Taxes – Page 26 – DIGIT INFO

Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax

Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said the CEO of a crypto exchange. Thailand’s New Crypto […]

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Crypto tax doesn’t legalize trading, says Indian tax department chief

The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market.

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Colombia clamps down on crypto tax evasion as adoption thrives

Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption.

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Thailand scraps 15% crypto capital gains tax following public backlash

The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth.

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Crypto tax calculator CoinTracker valued at $1.3B following $100M raise

Crypto tax reporting was a contentious topic in the U.S. last year as Congress passed the Infrastructure Investment and Jobs Act.

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Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities

The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited which enables the latter to collect taxes from crypto and other content providers. Zimbabwe’s Stance on Crypto The Zimbabwean government recently said it had entered into an agreement with the British Virgin Islands-based Daedalus World Limited wherein the latter is expected to […]

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Crypto taxation could deter investors, says Thai ruling party MP

Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax

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Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions

The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential Candidate Looks to Attract Young Voters With Crypto Tax Cuts Yoon […]

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Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets

An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment. Scammer Tactics The Australian financial services regulator, the Australian Securities and […]

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Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation

Lukka said it planned to use the funds for “aggressive growth and global expansion strategy” with its current customer base dealing in products related to the crypto space.

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