Taxes News

In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.

Crypto trading gains are subject to the 26% Italian tax rate once they exceed 2,000 euros per tax period.

The Majilis have approved the new bill governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan.

SBF has been the topic of discussion regarding regulation recently. He recently spoke directly about his views with Erik Voorhees on a Bankless livestream to expand on his position of a 'light touch' regulatory framework

Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled  "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.

In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.

NFT investors must report all taxable NFT incomes for the 2022 tax year as the IRS now considers NFTs digital assets like cryptocurrencies.

Capital gains earned from crypto held for less than a year will be taxed 28%.

The IRS has found that tax reporting and compliance is significantly low when it comes to digital asset transactions.

Matt Hancock announced during Zebu Live that HMRC needs to take a growth-maximizing mindset by lowering taxes to foster innovation within crypto

In 2020, North Korea implemented a system where authorities started seizing assets of delinquents and selling them if taxes remained unpaid.

Residents can pay their individual income tax, severance tax, withholding tax, and excise fuel tax in crypto.

The merge is an unprecedented event that could have major tax implications if an ETHPoW token arises with real value. CryptoSlate spoke with Koinly to find out what we need to know

German residents are not required to pay capital gains tax on crypto assets held for over a year.

MicroStrategy Chair Michael Saylor claims to be a resident of Florida, meaning he has no tax liability to the District of Colombia.

The country discussed the necessity of reducing the tax requirements on crypto initiatives to prevent start-ups from leaving Japan.

South Korea's President Yoon Suk-yeol has delayed the levy of capital gains on crypto profits, but crypto airdrops are subject to a gift tax of up to 50% under current tax laws as the tokens are received for free.

The lobbying groups are planning to ask the government to make crypto issuing and holding cheaper to prevent talented individuals from leaving the country.