Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud
To enhance tax control, Spain’s tax agency will investigate 15,000 taxpayers who made transactions with crypto Go to Source Powered by WPeMatico
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Australia: Tax Regulator Warns of Fraudulent Requests for Tax Payment via BTC ATMs
The ATO publication states that Australians have reported over 28,000 scam attempted associated with the ATO, and have paid nearly $1 million to scammers Go to Source Powered by WPeMatico
Chinese City in Hunan Province Launches Blockchain Platform for Real Estate Data
Loudi, a city in China’s Hunan province, launches a real estate-focused blockchain platform and issues its first electronic certificate Go to Source Powered by WPeMatico
New Amendments to French Finance Bill Would Ease Taxes for Crypto-Related Revenue
The Finance Committee of the French National Assembly has accepted changes to a current tax bill that would tax crypto as capital income Go to Source Powered by WPeMatico
Thai Revenue Department to Track Tax Payments Using Blockchain
Thai Revenue Department to test blockchain and machine learning solutions for taxation area, especially to track tax avoidance Go to Source Powered by WPeMatico
Brazilian Tax Regulator Publishes Draft on Cryptocurrency Taxation
The Department of Federal Revenue of Brazil could require citizens to send detailed reports on crypto transactions on a monthly basis, warning about fines for delays Go to Source Powered by WPeMatico
US: IRS Advisory Committee Calls for Additional Guidelines on Crypto Taxation
An advisory committee to the IRS calls for new guidelines on crypto taxation, estimating that at least 50% of crypto investors may conceal their income Go to Source Powered by WPeMatico
Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine
A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the Verkhovna Rada. The authors of the bill have called for tax exemptions for entities working in the sector until the end of 2029. Also read: Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill New … Read more
Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill
Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still … Read more
Spanish Government Approves Draft Law to Require Crypto Investors to Reveal Holdings
Spanish government approves draft of crypto tax bill in which citizens will have to report their crypto holdings Go to Source Powered by WPeMatico
