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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 test blockchain and machine learning solutions for taxation area, especially to track tax avoidance Go to Source Powered by WPeMatico
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
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
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 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 of crypto tax bill in which citizens will have to report their crypto holdings Go to Source Powered by WPeMatico
Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also … Read more
To stimulate more thorough tax filings, Japan is looking to ease crypto reporting mechanisms Go to Source Powered by WPeMatico
The Ukrainian Ministry of Finance has formed a working group to examine and develop the country’s tax regime on cryptocurrencies Go to Source Powered by WPeMatico