Coverages relating all of the matters surrounding the taxing of Bitcoin and other cryptocurrencies.
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
In 2020, North Korea implemented a system where authorities started seizing assets of delinquents and selling them if taxes remained unpaid.
Colorado enables crypto payment for taxes
Residents can pay their individual income tax, severance tax, withholding tax, and excise fuel tax in crypto.
Tax implications of the Ethereum Merge and what to do to prepare
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 crypto tax policy one of the best in the world – Coincub report
German residents are not required to pay capital gains tax on crypto assets held for over a year.
Saylor respectfully disagrees with DC AG allegations of tax avoidance
MicroStrategy Chair Michael Saylor claims to be a resident of Florida, meaning he has no tax liability to the District of Colombia.
Japan might be lowering tax burdens on crypto startups in 2023
The country discussed the necessity of reducing the tax requirements on crypto initiatives to prevent start-ups from leaving Japan.
South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law
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.
Japan’s top crypto lobby groups push for lower taxes to attract talent
The lobbying groups are planning to ask the government to make crypto issuing and holding cheaper to prevent talented individuals from leaving the country.
US Senators propose bill to exempt crypto transactions under $50 from taxation
Senators Toomey and Sinema want to make cryptocurrency transactions more integral with the lives of everyday Americans by exempting qualifying payments from capital gains tax.
Is your crypto exchange prepared to issue 1099-Bs? Here’s how to do it easily
In order to be prepared for this change, you need to know what exactly is coming quickly down the road for crypto exchanges and wallets, what kind of reporting will be required of you, and why it might not be a good idea to build those capabilities in-house.
India’s finance minister says punitive crypto taxes will remain in force
Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
South Korea defers 20% crypto tax implementation to 2025
Government officials tied their decision to postpone the crypto tax to the stagnant market condition and the lack of an investor protection system.
Kazakhstan imposes new tax rules on crypto miners
Kazakhstan takes another step in its combat with crypto miners by imposing differentiated tax rates on crypto mining, including miners using renewable energy sources.
Belgium starts consultation on classification of crypto as securities and investment instruments
Belgium's financial regulator has laid out step-by-step guidelines to determine which cryptocurrencies are subject to existing regulations.
India’s crypto tax impacted trading frequency of 83% of traders, says survey
India's 30% tax on cryptocurrencies has negatively impacted trader sentiment — a new survey shows just how much.
U.S. states rethinking crypto tax payments amid bear market
The bear market prices suspended the launch of crypto tax payments in all states except Colorado and Utah, who are facing logistical challenges.
U.K. tax authorities seek public consultation on DeFi tax treatment
HMRC follows up on Chancellor Sunak's pledge to enhance the competitiveness of crypto-asset taxation by calling on the input of DeFi stakeholders.