Browsing Tag
Taxes
53 posts
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…
India probes betting platforms for crypto tax evasion
Indian authorities are intensifying their crackdown on gaming and betting applications using cryptos and offshore companies to evade…
Brazil to tax crypto held abroad by citizens
The Brazilian Congress is pushing forward legislation allowing for the taxation of crypto assets held abroad by citizens…
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules…
Slovakia approves lower crypto income tax rate
Slovakian lawmakers have passed legislation to regulate and reduce the tax rate on cryptocurrency income. Under the new…