Browsing Tag
Crypto Tax
71 posts
UK crypto crackdown: Harsher fines incoming for non-compliant traders
Britain’s crypto traders may soon face more than just market volatility—starting in January, failure to share personal details…
Senator Cynthia Lummis introduces crypto tax bill
U.S. Senator Cynthia Lummis has introduced a cryptocurrency tax legislation proposal aimed at enacting a comprehensive digital asset…
IRS warning letters to crypto investors are on the rise: what do they really mean?
Lately, the Internal Revenue Service has ramped up the frequency of warning letters sent to cryptocurrency investors. Reports…
Japan’s FSA eyes crypto reclassification under FIEA to lower capital gains tax to 20%
Japan’s Financial Services Agency considers reclassifying crypto assets as financial products under Financial Instruments and Exchange Act (FIEA),…
Crypto tax Australia: How does Australia tax their crypto?
A recent ruling in a criminal court case classified crypto assets as money, which goes against the long-held…
India cracks down on crypto tax evasion in enforcement push
India’s Income Tax Department has launched a fresh crackdown on potential tax evasion and money laundering tied to…
Labor Dept. backs off crypto warning, restores neutral stance on 401(k)s
The U.S. Department of Labor on Wednesday rescinded its 2022 directive that had discouraged retirement plan fiduciaries from…
Slovenia proposes 25% tax on personal crypto profits
Slovenia authorities are looking to bring a 25% tax proposal targeting personal crypto profits into effect in 2026…
Ukraine’s SEC proposes 23% total tax on crypto income
Ukraine’s securities regulator has proposed applying the country’s full personal income and military taxes to crypto gains, totaling…
Is Trump eliminating capital gains taxes on crypto?
Recent speculation on X suggests that President Donald Trump may propose eliminating capital gains taxes on cryptocurrency sales.…