Browsing Tag
Taxes
57 posts
India blocks access to major offshore crypto exchanges
After India introduced a 30% tax on crypto profits and a 1% TDS on transactions, local crypto traders…
Indians are turning to local exchanges amid clampdown on foreign platforms
India blocked access to global crypto exchanges, including Binance, KuCoin, and OKX, on Jan. 12. India has instituted…
UK crypto investors warned of tax return penalties ahead of January deadline
Crypto investors in the United Kingdom have been urged to check if they need to complete a Self…
Crypto tax rules now require reporting of transactions over $10K
New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on…
IRS targets tax crimes in crypto crackdown
The Internal Revenue Service Criminal Investigation unit (IRS-CI) reported involvement in a greater proportion of crypto investigations on…
Brazil to implement new tax on foreign crypto earnings in 2024
The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax…
Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes…
First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded
Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at…
Thailand introduces tax on overseas crypto earnings from 2024
Thailand’s Revenue Department has unveiled plans to tax overseas income, including cryptocurrency trading revenues, of individuals staying in…
Metaverse taxation: integrating virtual world into current tax policies
With the metaverse booming to 400 million users, the challenge arises: how do we tax this burgeoning virtual…
