Taxation

South Korea With Clever Way to Collect Crypto Taxes: And It’s Paying Off

The Gyeonggi government has significantly improved the success rate of identifying delinquent membership registration on crypto exchanges using the new…

2 months ago

South Korea Reportedly Pushes for 2-Year Postponement on Crypto Taxation

South Korea's People Power Party plans to postpone the cryptocurrency tax, aligning with their campaign pledges for the upcoming elections.

2 months ago

CoinDCX’s Year-End Report Unveils Maturing Investor Base in India

India achieved its highest-ever crypto trading volume in November 2023, signaling a remarkable surge in activity within the country's digital…

4 months ago

IRS Intensifies Efforts to Combat Crypto-related Tax Evasion

IRS criminal division observes rise in crypto tax evasion cases, shifting focus from money laundering to tax evasion.

5 months ago

Swiss City Lugano Now Accepts Bitcoin and Tether for Municipal Taxes

By incorporating crypto as a payment option, Lugano aligns itself with three other Swiss cities and cantons that already embrace…

5 months ago

Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

The proposed bill has gained approval from the Chamber of Deputies and is on its way to being approved by…

5 months ago

Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

Declaration of foreign holdings is mandatory only for individuals holding crypto balance sheets that exceed the equivalent of 50,000 euros.

5 months ago

Crypto Taxation Misses the Mark: India Loses $420 Million in Potential Revenue Due to 1% TDS

India is seeing a massive crypto exodus as five million traders have moved their transactions offshore.

6 months ago

Oyster Protocol Founder Receives Four-Year Sentence for Tax Evasion

Amir Bruno Elmaani, aka "Bruno Block", founder of the Oyster Protocol, sentenced to four years in prison for tax offenses…

6 months ago

IRS Rules Crypto Staking Rewards as Taxable Income

The IRS said taxpayers must include the fair market value of their staking rewards in their gross income as soon…

9 months ago