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
The high tax rate on a low threshold ($125 in a financial year) made crypto trading unprofitable, and exchanges unviable
Investors and miners who profit from selling bitcoin will have to abide by taxation rules in the Kingdom of Denmark.
The government of Thailand is preparing a series of tax breaks and incentives for crypto companies that issue digital tokens.
The new tool aims to help users understand their crypto tax liabilities on their profits and losses on Binance.
The crypto industry had expected some good news on the tax front, but the annual budget for the next fiscal
The Remarks coming barely two weeks before the annual budget hints that the government may go soft on crypto regulations.Â
The NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
India introduced two new taxes on crypto transactions - 30% capital gains tax and 1% transaction tax as TDS -
Hit by a sharp fall in trading volume, Indian crypto industry reps have been pressing the government to reduce the
Japanese crypto issuers might no longer have to pay 30% corporate tax on their holdings as of April 1, 2023.