Taxes News

Guides and updates on crypto taxation, compliance, and reporting for global users.

Stories 186 in this category

Coverage footprint 0.7% of all CryptoSlate stories

Bitcoin coin stopped at a metal gate while smaller tokens pass through, illustrating Congress targeting crypto wash-sale rules while favoring stablecoin tax treatment

Congress proposes removal of widely used Bitcoin tax loophole and giving it to regulated stablecoins

The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.

4 days ago

Taxes

Trading volume drops as 30% capital gains tax on crypto goes into effect in India

Crypto stakeholders are predicting that the 1% tax on every transaction will affect liquidity within the sector.

4 years ago

Regulation

Will Indonesia’s decision to tax crypto stifle local adoption?

Indonesia will impose a 0.1% Value Added Tax that will be deductible at the source on all crypto transactions in the country.

4 years ago

Taxes

U.S. Treasury wants to include crypto in foreign accounts reporting rules

The Treasury's new proposal suggests that offshore crypto accounts with more than $50,000 should be reported to the IRS.

4 years ago

Taxes

President Biden eyes $5 billion revenue from crypto in 2023

US Treasury Department is specifically targeting the crypto industry because it can be used to evade taxes.

4 years ago

Regulation

Behind the bipartisan crypto bill that’s coming to Congress

...and it plans on addressing every pain point of the industry.

4 years ago

Mining

Kazakh officials seize 360 illegal Bitcoin ASICs amid push for higher mining tax

Kazakhstan continues its "decisive action against gray mining.”

4 years ago

Regulation

If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year

The Russian government has a strong incentive for regulating the crypto market, as authorities estimate collecting up to 1 trillion rubles in taxes each year.

4 years ago