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Tax
Panamanian Congressman Gabriel Silva on Country’s New Pro-Crypto Law
Panamanian Congressman Gabriel Silva discusses a recent law passed in the country exempting cryptocurrency transactions from capital gains taxes. Silva explains the unique framework of Panama’s constitution that prevents the country from adopting bitcoin as legal tender and how crypto can provide financial access to the country’s unbanked population.
International Tax Consortium Lists ‘Red Flag Indicators’ of Fraud in NFT Marketplaces
The guidance, which is the first of its kind from the Joint Chiefs of Global Tax Enforcement, lists both strong and moderate indicators of fraud.
India to Give Clarity on Tax Provision Within Two Months: Sources
The 1% tax deducted at source has been the biggest pain point in the new tax rules for India's crypto industry.
Buenos Aires City to Allow Residents to Make Tax Payments With Crypto
The crypto will be converted to Argentine pesos by crypto firms before being given to the city, said Mayor Horacio Rodríguez Larreta.
Crypto Taxes Fall Under EU Lawmakers' Gaze
Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection.
Bahamas to Allow Citizens to Pay Taxes With Digital Assets
Residents will also be able to access digital assets with the sand dollar, the country's official digital currency.
The Right Tax Treatment of Staking Rewards Is Clear: Taxation Only After Sale
The U.S. needs to get straight on staking rewards, or risks losing its edge on the crypto industry.
Bitcoin Slips Below Support Level to $38.5K as US Tax Return Deadline Approaches
Tax-related selling seems to have aggravated macro-driven weakness in the bitcoin market.
Indian Crypto Trading Volumes Collapse, Coinbase Suspends Trading in India
Trading volumes on India’s major crypto exchanges plummeted after new legislation, which imposed a 30% capital gains tax on cryptocurrency transactions, came into effect April 1. Plus, Coinbase’s India operation suspended buy orders due to regulatory uncertainty.