South Korea To Tax NFTs
Shelly Melancon (Switzerland)South Korea's financial regulatory body, the Financial Services Commission (FSC), has informed citizens that the country will start collecting taxes…
Uncertainty About Crypto Tax Regulations In South Korea
Officials from the South Korean government have caused consternation this year by issuing contradictory statements on the possibility of repealing…
Crypto Tax Report Rules: US Senators Propose Bill To Protect Developers
As the cryptocurrency industry reaches bigger landmarks, the government has given more attention to it. This has led to an…
Austria’s Crypto Tax Policy Is Unique
Austria's social tax reform proposes a 27.5% tax on crypto-related gains. The authorities are convinced that this would enhance trust…
US House Of Reps Approves $1.2Tr Crypto Tax Bill
Members of America's house of reps have approved the highly disputed infrastructure bill, including fresh digital assets tax law reporting…
Bill Hagerty Cautions Against Stifling Innovation in Crypto Industry
Bill Hagerty is a Senator of the United States who represents Tennessee following the 2020 election. He was previously an…
Crypto Tax Laws Favorable In Puerto Rico Than In The US
There is renewed interest by crypto investors in the Puerto Rico region outside the USA. Several Crypto Tax Benefits For…
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Crypto Ban: China Still Wants To Tax Exchanges
According to Colin Wu, a Chinese reporter and blogger who follows everything related to the blockchain and cryptocurrency sectors, the…
South Korea Assures Of No Income Tax on NFTs
South Korea Minister of Finance and Economy Hong Nam-ki has assured NFT users of no taxation, following rumors that agencies…
ADA Traders Under Scrutiny in Japan Over Tax
After bagging some massive profits, it's been reported that the majority of these traders refused to pay taxes. According to…
US Senatorial Candidate Wants Authorities To Adopt BTC
Thiel Capital CEO and US GOP senate candidate, Blake Masters, has urged the authorities to consider buying BTC as a…
El Salvador: There Will Be No Tax On Bitcoin Profits
Hassan Mehmood (Saudi Arabia)The government of El Salvador has taken the road less travelled in terms of its financial management. The native currency…
South Africans will be Facing Jail Time if They Fail to Pay Crypto Tax Gains
Crypto adoption is skyrocketing at the moment, but the pace at which it is taking place and the momentum of…
Coinbase VP Slams U.S. Congress for Passing Controversial Crypto Infrastructure Bill
Popular cryptocurrency exchange, Coinbase, has faulted Congress for the controversial passage of the Infrastructure Crypto Bill. VP of Taxes, Lawrence…
Coinbase CEO Condemns Crypto Taxation Changes
Brian Armstrong, Coinbase CEO, is the latest crypto influencer to object to changing crypto tax laws in the country. Armstrong…
Ernst And Young Partners With The UK Government To Create A Blockchain-based Tax Solution
As part of the effort to solve cross-border tax withholding issues, the UK authorities are partnering with top tax firm,…