New Cryptocurrency Tax Legislation in The US to Raise $28 Billion
US Senators intend to add $28 billion from cryptocurrency taxes to offset their infrastructure plan.
Taxation News and Updates
Recent Taxation News
Foreign Cryptocurrency Exchanges Could Face 18% Tax in India: Report
Foreign cryptocurrency exchanges operating in the large Indian market could soon start to pay a new tax of 18%.
South Korea Seized $47M Worth of Crypto From Wealthy Tax Dodgers
12,000 Korean tax evaders parted with $47 million worth of cryptocurrencies following a government action against them.
US Investors Will Have to Report Cryptocurrency Transactions Over $10K to the IRS
The United States Treasury has called for stricter cryptocurrency compliance measures with the IRS, claiming that there is a significant
Indonesia Plans to Tax Crypto Trading
Following the growing adoption of digital assets in the country, Indonesia's officials consider a plan to start taxing cryptocurrency trading.
Kraken Required to Provide Data on User Transactions Higher Than $20K to the IRS
Any user of the crypto platform Kraken who made the equivalent of $20,000 in crypto transactions in a year has
NFTs and Taxes: What You Should Know
While many are just trying to wrap their head around what NFTs are, crypto art sales have boomed in the
Officials of South Korea’s Watchdog Have to Report Crypto Holdings by May 7
Certain officials from South Korea's Financial Services Commission will have to report all of their cryptocurrency investments by May 7th.
Russian Investors Are Complying With the Tax Bill on Cryptocurrency Gains Â
While crypto traders in Russia are increasingly disclosing their holdings in compliance with tax rules, some are still waiting to
Korean Authorities Apprehend Bitcoin Tax Evaders
Korean tax agency, NTS nabs individuals involved in cryptocurrency-aided tax evasion.
