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Polish Government Discards Crypto Tax Law
Polish investors have managed to convince the government that the “Civil Law Transactions Tax” which wants to levy a tax on all cryptocurrency transactions, even...
Spanish Authorities Seek to Seize Crypto to Settle Tax Debts
The Spanish Ministry of Finance is seeking to increase the scope of its oversight over crypto activities within the nation,
This will allow them to...
UK Government Urges Crypto Users to Disclose Unpaid Taxes
Crypto users in the UK are now being encouraged to voluntarily disclose any unpaid income and capital gains taxes. They are related to exchange...
India Recognizes Crypto with 30% Tax
Crypto-related activities have surged in Asia in the past few years. India accounts for the most crypto ownership on the continent. However, despite the...
Brazil Tax Laws Strike Crypto Exchanges
South American nation, Brazil has implemented new tax regulations that have affected crypto exchanges in the country.
According to reports, two major crypto exchanges in...
Dubai to Construct “Crypto Valley” in Its Tax-Free Region
During the World Economic Forum in Davos, Dubai's government agency has announced its intention to create a crypto valley in its tax-free region.
According to...
South Korea to Tax Crypto
The South Korea Ministry of Finance is considering a 20% tax on income from cryptocurrencies. The watchdog is comparing the assets to winning the lottery.
The...
Crypto Isn’t Money, Says British Tax Authority
On Nov. 1, Her Majesty’s Revenue and Customs (HMRC), in charge of taxes and other monetary policies released an updated version of its tax...
Cryptocurrency Traders Beware: A New Tax Form is Here
The Internal Revenue Service (IRS) is on the move. Recently, they released the new 1040 tax form. It will ask citizens whether or not...
IRS Releases Tax Guidelines for Cryptocurrency
The U.S. Internal Revenue Service (IRS) issues new guidance in the form of a Revenue Ruling, which calculates taxes owed on cryptocurrency holdings.
The publication...