Author: Oluwapelumi Adejumo
United States Source: CryptoSlate
Aug 20, 2024 01:10
Nigerian lawmakers eye economic boost through crypto taxation
The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation. Adedeji emphasized that […]
View DetailsAuthor: Cointelegraph by Yohan Yun
United States Source: Cointelegraph.com News
Jul 24, 2024 12:00
Indian finance minister ignores crypto industrys budget tax plea
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base.
View DetailsAuthor: Cointelegraph by Savannah Fortis
United States Source: Cointelegraph.com News
Jul 19, 2024 12:00
Greek govt to impose crypto taxes starting 2025
Currently, gains on crypto profits are going untaxed and unrecognized by the Greek government but not for long as regulators are seeking new taxes on the industry early next year.
View DetailsAuthor: Cointelegraph by Ezra Reguerra
United States Source: Cointelegraph.com News
Jul 16, 2024 12:00
South Koreas ruling party proposes delaying crypto tax to 2028
If the new proposal is approved, implementing the countrys crypto gains tax will be delayed by nearly seven years from its original schedule.
View DetailsAuthor: Oluwapelumi Adejumo
United States Source: CryptoSlate
Jul 16, 2024 01:10
South Korea moves to delay crypto tax until 2028 amid market concerns
South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative sentiments around the crypto industry as the reason for the extension. They stated: “With investment sentiment toward virtual assets deteriorating, some argue that hasty […]
View DetailsAuthor: Cointelegraph by Vince Quill
United States Source: Cointelegraph.com News
Jun 30, 2024 12:00
IRS reveals final regulations for crypto broker rules
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.
View DetailsAuthor: Cointelegraph by Josh O'Sullivan
United States Source: Cointelegraph.com News
Jun 15, 2024 12:00
Turkey targets crypto with new 0.03% transaction tax
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes.
View DetailsAuthor: Cointelegraph by Zoltan Vardai
United States Source: Cointelegraph.com News
May 08, 2024 12:00
Australian Tax Office seeks data from 1.2M crypto exchange users: Report
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office.
View DetailsAuthor: Maciej Zerelik
United States Source: StealthEX
Apr 23, 2025 02:55
Swiss Spar Accepts Crypto, Metaplanet Buys $28M BTC &Slovenia Tax
Latest crypto news: Metaplanet adds 330 BTC worth $28M, Swiss Spar supermarket accepts Bitcoin payments, and Slovenia plans 25% crypto tax starting 2026.
The post Swiss Spar Accepts Crypto, Metaplanet Buys $28M BTC &Slovenia Tax first appeared on StealthEX. View DetailsAuthor: Mwongera Taitumu
Estonia Source: TronWeekly
Apr 20, 2025 02:30
Slovenia Moves to Impose 25% Crypto Tax On Sales Profits, Effective 2026
Slovenia’s Finance Ministry has proposed a 25% tax on crypto profits such as capital gains crypto sales. The proposal, which is has been opened for public participation, seeks to balance crypto taxation and capital investment taxes. The proposed legislation imposes a tax on crypto-to-fiat conversions or when individuals use crypto to pay for goods and […]
View DetailsAuthor: Zayan
United Arab Emirates Source: TheNewsCrypto – Blockchain & Cryptocurrency News M
Apr 19, 2025 04:10
Slovenia Eyes 25% Tax on Crypto Gains, Stirring Debate
The Ministry of Finance, Slovenia is looking to impose a probable 25% tax on crypto trading profits for its citizens as per the new draft law. As per the bill, the tax will be imposed on selling cryptocurrency for Fiat or pay for goods and services. However, no tax will View Details
Hong Kong Source: Blockchain News
Apr 16, 2024 02:15
IRS Expects Surge in Crypto Tax Crime Cases as Tax Season Concludes
The US Internal Revenue Service (IRS) is bracing for an increase in crypto tax crime cases as taxpayers file their returns on April 15. IRS criminal investigation chief Guy Ficco predicts a rise in charged Title 26 crypto cases this year and beyond. While crypto has been associated with various financial crimes in the past, Ficco anticipates a surge in "pure crypto tax crimes" in the future. (Read More)
Author: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Jul 31, 2023 02:10
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using cryptocurrencies. Japan Government Asked to Amend Tax Laws for Crypto Gains [...]
View DetailsAuthor: Monique Brelage
United States Source: DailyCoin.com
Apr 01, 2023 03:10
CoinLedger Automatic Tax Reporting Now Live on Cardano (ADA)
Tax software platform CoinLedger unlocks convenient tax reporting on Cardano.
Continue reading at DailyCoin.
View DetailsAuthor: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Jun 30, 2023 10:30
Biden Pledges to Eliminate Tax Loopholes for Crypto Traders — Vows to Make US Tax System Fair
U.S. President Joe Biden has promised to make the federal tax system fair by eliminating loopholes for crypto traders and hedge fund managers. He aims to “achieve tax code fairness” by “ensuring that the burden is shared by the wealthy, super-wealthy, and large corporations while safeguarding the middle class from any tax increases.” Biden Wants [...]
View DetailsAuthor: Onyi
Estonia Source: TronWeekly
Mar 09, 2025 02:30
Nigerias New Tax Rules on Crypto May Not Bring In Expected Revenue
Due to Economic struggles, Nigeria plans to tax cryptocurrency transactions to gain revenue from the growing digital market. The Securities and Exchange Commission (SEC) is updating rules to support this new tax system. In February, news spread that Nigeria plans to change its digital asset rules to tax cryptocurrency trades, in hopes that it would […]
View DetailsAuthor: Oluwapelumi Adejumo
United States Source: CryptoSlate
Mar 07, 2025 01:15
Japan proposes crypto tax cut to boost investor appeal
Japan’s ruling Liberal Democratic Party (LDP) has proposed reducing the country’s crypto tax rates, signaling a shift in regulatory approach. On March 6, Akihisa Shiozaki, a member of Japan’s House of Representatives, shared details of the proposal on X, noting that it is open for public feedback until March 30. The initiative seeks to redefine […]
View DetailsAuthor: Mwongera Taitumu
Estonia Source: TronWeekly
Mar 25, 2025 02:35
UK Banker Proposes Tax Crypto to Boost Stock Market Investment
Cavendish investment bank chair, Lisa Gordon has proposed cryptocurrency taxation to drive investments into local stocks. Gordon proposes a tax shift which transfers the stamp duty from equities to crypto or reduces stamp duty on equities. The proposal aims to direct its funds towards UK businesses to propel economic growth in the country. Gordons Proposal […]
View DetailsAuthor: Crypto Breaking News
United Kingdom Source: Crypto Breaking News
Jun 29, 2023 10:30
Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders. [...]
View DetailsAuthor: Okoya David
United States Source: DailyCoin.com
May 29, 2023 07:50
Implications as Debt Limit Deal Omits Biden’s Crypto Tax
30% crypto mining tax has been discarded as part of in-principle debt limit deal reached by Biden and McCarthy.
Continue reading at DailyCoin.
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