Monday, November 29, 2021
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Tax

House committee approves crypto tax provisions as budget reconciliation package advances

The tax section of the $3.5 trillion "Build Back Better" reconciliation package has left the House of Representatives committee responsible for ensuring...

Slovenia’s finance authority has suggested a 10% tax on digital currency profits

As per local media sources, the Financial Administration of the Republic of Slovenia, or FURS, is contemplating applying a 10% taxable income...

IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions

The U.S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U.S. tax form. Reducing the scope of...

South Korea seizes $47M from alleged digital currency tax evaders

Authorities in South Korea have seized KRW53 billion ($47 million) from digital currency holders who have been accused of evading taxes. The...

US Treasury Requires Any Crypto Transfer Over $10K Be Reported as Tax Evasion Countermeasure

The US government has long considered how cryptocurrencies should be taxed, and has, as yet, not thoroughly determined how to go forward....

Japanese Court Convicts Bitcoin Tax Evader- Trader Gets a Year in Prison Plus Fine for $200K

Japanese authorities aren’t hesitating in hunting down anyone considered a crypto tax evader. A court in Ishikawa has sentenced one of them,...

Crypto.com Launches Tax Product for Canadians

Crypto.com has announced the launch of a free service that will make filing cryptocurrency taxes in Canada easier. Crypto Tax...

In 2023, South Korea will introduce crypto tax regulations

Eventually, the South Korean authorities agreed to tax income from digital currencies beginning in 2023.  The nation will continue...

Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force

The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of...

India mulls tax on crypto trading as Bitcoin hits $28,599.99

The world's most popular cryptocurrency hit a record $28,599.99 on Wednesday, taking gains this year past 295 per cent amid heightened...

Latest news

Cardano price might plummet to 15% in the coming days

Cardano's ADA price has a good chance of plummeting to 15% on the crypto market at any time. The bearish trend was...

Cryptocurrency Resource DappRadar is about to release its own governance token

DappRadar, a prominent dApp discovery, and research tool, has announced plans for RADAR, a platform-native coin. Its goal is to assist DappRadar...

Cryptocurrency Miners Flee Kazakhstan amid Power Shortages

Cryptocurrency miners are closing their farms and moving out of Kazakhstan due to electricity shortages caused by a sharp increase in the...

EIP-4490, EIP-4488 can help lower transaction fees on Ethereum and more, but…

While most people might be busy with holiday shopping, Ethereum core developers are also seeing a packed schedule as the Merge nears. With updates...

4 Different Types Of Monero Wallets And The Pros And Cons Of Each

Getting into Monero (XMR) is a smart idea for people who are interested in exploring cryptocurrencies. The privacy coin, which was released...
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