Tax
Russia's Crypto Tax Bill Passes First Reading at State Duma
The bill proposes to recognize cryptocurrency as property for purposes of taxation.
Russia's Lower House to Consider Bill on Crypto Taxation This Week
If passed the bill would amend tax laws to recognize digital currencies as a form of property.
South Africa's Tax Agency Is Clamping Down on Crypto Users: Report
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
Out of 31 nations, only five have tax guidance addressing cryptocurrency rewards via staking, a study found.
Bitcoin ‘Underperforms’ During Tax Time: Analysis
Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills.
South Korean Tax Agency Carries Out Irregular Audit on Crypto Exchange Operator
The team of investigators requested past data and transaction details from Korea Digital Exchange.
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.
India Mulls Imposing 18% Tax on Bitcoin Transactions
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
What We Know About Filing Crypto Taxes - and What We Don’t
Regulators have been struggling to recognize cryptocurrency as a virtual asset, partly because they haven’t figured out how to tax it. This tax season, marks the first time a cryptocurrency question is on the IRS tax form - a feat six years in the making. However, the guidelines are as confusing as ever. Here’s what we know and what we don’t know about filing for your crypto taxes by July 15th.
Thai Excise Department Will Deploy Blockchain Tech to Boost Tax Collection
All three of Thailand's tax departments reportedly aim to improve tax revenue collection using blockchain technology.
