Tax News
Bitcoin Surges on Imminent ETF Hopes. BTCETF Token Presale Raises $2.5 Million
The crypto markets have seen renewed optimism in recent days, with Bitcoin (BTC) surging past the $40,000 level once again. Much of this pos...
Swiss city Lugano accepts Bitcoin and Tether for municipal taxes
by enabling citizens and companies to pay for municipal services and taxes with cryptocurrency. The city of Lugano officially announced on D...
Kenyan crypto tax bill makes it through Parliamentary Committee
A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will...
IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations aroun...
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Last week, His Majesty’s Revenue and Customs (HMRC) presented an unpleasant Christmas surprise to hodlers in the United Kingdom, demanding...
Madeira seeks to boost economy with startups, innovative payment system
An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flock...
UK Taxman Wants Crypto Owners to Disclose Unreported Gains
The UK tax collector has commenced a new voluntary disclosure process for those with unreported crypto gains. HM Revenue and Customs wants t...
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
Australia’s controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen a...
Crypto is the ‘largest growing’ asset class in Aussie DIY pensions
Australians are increasingly looking to cryptocurrency to secure a peachy retirement, with allocation to the asset class from self-managed r...
Preparing business accounting for the crypto era with advanced tools
Presented by AEM Algorithm Traditional businesses are hesitant to adopt cryptocurrencies due to the complexities of managing and integrating...
Brazil Slaps 15% Crypto Tax on Overseas Exchanges Starting in 2024
The Senate of Brazil has ratified new income tax regulations, imposing a 15% tax on earnings from crypto held on foreign exchanges. This dec...
Manny Pacquiao Foundation Taps Shiba Inu Community for Crypto Fundraising
The Manny Pacquiao Foundation will use Shiba Inu’s (SHIB) nascent Shibarium blockchain ecosystem to receive crypto donations and for opera...