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Capital Gains
Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs
The platform has so far purchased over 9,300 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.
Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains
The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end.
Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report
Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains.
South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.
Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report
The report quotes a person in the Finance Ministry who also said cryptocurrency traders should prepare for increased surveillance.
How to File Your Crypto Taxes (and Not Get Screwed)
Here are seven things you need to know about cryptocurrency taxes.
Market Wrap: Bitcoin Steadies After $300B Market Cap Dump on Taxation Trepidation
Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.
