Tax news articles
Detroit to Accept Crypto for Tax Payments, Becoming Largest US City to Adopt Digital Currency
The adoption of crypto continues to accelerate. With the Spot Bitcoin and Ethereum exchange-traded funds (ETFs) approved and trading – and...
Study Finds 1.5 million Australian Crypto Owners Confused Over Tax Time
They say only two things in life are certain: death and taxes, or at least that’s what Benjamin Franklin wrote in a letter to Jean-Baptist...
UAE Scraps Value Added Tax (VAT) for Crypto Transfers
The United Arab Emirates continues cementing itself as a crypto hub in the Middle East after approving legislation that will remove Value Ad...
US Group Proposes Tax-Free Bitcoin Zone to Boost Digital Economy
A policy group calling itself USABTC has proposed the creation of a special tax-free digital economic zone (DEZ) in the US, intended to enco...
ATO Cracks Down: Crypto Profits Under Scrutiny as Aussies Lodge Tax Returns
Uh Oh… It’s tax time in Australia. For some, negotiating this timeframe is as simple as logging into an online portal and claiming thous...
MicroStrategy and Michael Saylor Settle Tax Evasion Lawsuit in $40 Million Deal
Name a better combo – rich people and not paying taxes. There’s a reason that clearly American companies are often registere...
ATO Targets 1.2 Million Crypto Accounts in Major Crackdown on Tax Obligation Awareness
Beware, Australian crypto investors—the ATO has you in their sights! According to a report from the Australian Financial Review, the...
Mayday! Mayday! Arthur Hayes Raises Alarm Over Crypto Crash
Has the support finally been broken? Bitcoin, and the crypto market as a whole, has held up fairly well amid a wave of red across all financ...
Binance Executive Detained in Nigeria Appears in Court Over Alleged Money Laundering and Tax Evasion: Report
Binance’s head of financial crime compliance reportedly appeared at a Nigerian court hearing on Thursday following charges of money launde...
Indian Crypto Companies Flock to Dubai to Escape Overbearing Laws at Home
Indian crypto companies are increasingly relocating to Dubai, spurred by the United Arab Emirates’ (UAE) welcoming regulatory environment....
New Crypto Tax Duty Demands Vigilance from US Citizens
United States citizens holding cryptocurrency face a new obligation that demands awareness to avoid potential serious consequences. “The a...
Japan Grants Tax Relief to Companies Holding Cryptocurrency
The Japanese government has given its approval to revised taxation laws that provide favorable conditions for companies holding cryptocurren...