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Tax
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.
India Plans to Tax Income From Bitcoin Investments: Report
The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.
Russian Prime Minister Pledges to 'Civilize' Crypto Market and Prevent Scams
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.
South Korea May Delay Implementation of 20% Crypto Tax Till 2022
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.
