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CATEGORY: withholding


Italy considers raising capital gains tax on Bitcoin to 42% from 26%

Author: Cointelegraph by Helen Partz
United States
Oct 17, 2024 12:00

Italy considers raising capital gains tax on Bitcoin to 42% from 26%

Italy plans to raise the tax on Bitcoin capital gains to 42% and remove the 750 million euro minimum revenue requirement for the Digital Services Tax.

Aug 01, 2023 10:30

Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance

The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies Cryptocurrency Staking Income, Leaves Questions Unanswered Under fresh tax directives from the [...]

The post Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance appeared first on Crypto Breaking News.

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