Browsing Tag
Crypto Tax
75 posts
South Korean lawmaker warns 22% crypto tax could drive capital overseas
South Korean lawmaker Park Soo-young has called for the government to withdraw its planned 22% tax on virtual…
Thailand’s 0% crypto tax raises stakes in global capital race
Thailand’s five-year crypto tax break exempts qualifying gains through 2029, but only when trades use locally licensed digital…
South Korea crypto tax set at 22% from 2027
South Korea will begin taxing cryptocurrency gains at a combined rate of 22% from Jan. 1, 2027, ending…
Bola Tinubu targets crypto loopholes with sweeping Nigeria order
Nigeria’s President Bola Tinubu has signed an executive order targeting regulatory gaps in a crypto market that received…
Illinois’ new crypto tax puts users under a burden stocks do not face
Illinois Gov. J.B. Pritzker has signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on…
Michael Saylor blasts Illinois crypto tax as “Big Mistake”
Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to…
India issues over 44,000 crypto VDA tax notices, finds $104M in hidden income
India issued 44,000 VDA tax notices and found $104M in hidden crypto income as stricter reporting rules tighten…
Coinbase urges Congress to scrap taxes on stablecoin spending
Coinbase has urged U.S. lawmakers to remove capital gains tax requirements on stablecoin payments and exempt small crypto…
Trump adviser Patrick Witt backs sweeping crypto tax bills
Trump adviser Patrick Witt has backed six House crypto tax bills as lawmakers seek to clarify rules for…
House Committee unveils crypto tax plan that could reshape DeFi
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new…