Tax


Policy

UK Enforces Crypto Tax Break for Foreigners Using Local Brokers

The measures now in effect are part of the government's plans to turn the country into a crypto hub.

(Unsplash)

Policy

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes.

El presupuesto para 2023 de la primera ministra italiana, Giorgia Meloni, introduce un impuesto sobre las ganancias con criptomonedas. (Antonio Masiello/Getty)

Policy

Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains

Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Videos

Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision

Rep. Patrick McHenry (R-N.C.), a top Republican on the House Financial Services Committee, wants the U.S. Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill. "The Hash" panel discusses the latest in the world of crypto regulation.

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Videos

Indian Crypto Traffic Trending Down as Tax Regime Tightens, Data Shows

Indians have lost interest in trading on local crypto exchanges since the government began imposing taxes on profits and transactions, data from AppTweak and SimilarWeb shows. "The Hash" panel discusses the latest in India's state of crypto.

Recent Videos

Policy

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened

The government's two taxes have cut usage of Indian crypto platforms, although interest in Binance has remained steady because that exchange is out of the country's jurisdiction.

The Internet and Mobile Association of India has disbanded its body representing India's crypto industry. (Laurentiu Morariu/Unsplash)

Policy

EU to Make Crypto Companies Report Tax Details to Authorities

New OECD-inspired tax evasion plans take a step further than the MiCA but haven’t settled how to deal with foreign providers

EU tax commissioner Paolo Gentiloni (Thierry Monasse/Getty Images)

Policy

EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan

A draft bill seen by CoinDesk also covers stablecoins, derivatives and companies outside the bloc.

Palais Berlaymont with the flags of Europe. (Getty Images)

Opinion

Why Crypto Taxes Get Complicated (Especially for Institutions)

From "impermanent losses" to loan-to-value ratios, financial institutions need to keep track of a lot of data to ensure they remain compliant while participating in DeFi.

(Gez Xavier Mansfield/Unsplash, modified by CoinDesk)

Opinion

The Pitfalls of Being Paid in Crypto

With marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto income could be taxed at an 80% or higher.

(Kelly Sikkema via Unsplash, modified by CoinDesk)