President Biden Refuses Debt Deal Friendly to Crypto Traders
The anti-crypto rhetoric continues to spew from the United States and the latest to add to it is the President
Taxation News and Updates
Recent Taxation News
Korean Politician Agrees to Sell his Crypto Assets Following Public Scrutiny (Report)
"I will faithfully implement the recommendation," Nam-kuk affirmed.
Biden Advocates for an End to Tax Loopholes That Benefit ‘Wealthy Crypto Investors’
The U.S. president believes wealthy crypto investors are benefiting from tax loopholes that should be closed.
Kenya Mulls 3% Tax on Crypto (Report)
The Kenyan lawmakers could implement a 3% tax on crypto transfers and 15% levy on the monetization of digital content.
Less Than 1% of Crypto Investors Declared Their Taxes to Authorities (Study)
4.09% of the cryptocurrency investors in Finland have paid taxes last year, while only 0.03% of the Filipino traders have
India’s 1% TDS on Crypto Transfers Yields $19 Million in 9 Months
The high tax rate on a low threshold ($125 in a financial year) made crypto trading unprofitable, and exchanges unviable
Denmark to Start Taxing Bitcoin Profits, Rules the Supreme Court
Investors and miners who profit from selling bitcoin will have to abide by taxation rules in the Kingdom of Denmark.
Mixed Signals for Crypto in Thailand Despite Tax Breaks
The government of Thailand is preparing a series of tax breaks and incentives for crypto companies that issue digital tokens.
Binance Launches New Crypto Tax Reporting Tool for Certain Users
The new tool aims to help users understand their crypto tax liabilities on their profits and losses on Binance.
High Crypto Taxes in India Remain Unchanged, Using Offshore to Avoid TDS Prohibited
The crypto industry had expected some good news on the tax front, but the annual budget for the next fiscal
