Tax News
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...
US Could Kill DeFi Unless IRS Changes Course on Tax Rules: Blockchain Association
The proposed redefinition of a single word in a federal tax rule by the U.S. Treasury and the Internal Revenue Service (IRS) would, if adopt...
Betting on Bitcoin: Hong Kong’s Immigration Investment Scheme Opens Doors for Crypto
Hong Kong’s Immigration Investment scheme, announced in March, hopes to attract overseas investments from 200 family offices by the end of...
How India’s Controversial Crypto Tax Policy Has Failed
The Esya Centre, a think-tank based in India, has suggested that the Indian government’s choice to tax crypto has been a failed exercise. ...
Is Portugal Europe’s Crypto Tax Heaven? Legal Expert Shares Insights and Loopholes
Portugal, with its tax-friendly stance on crypto, stands as a beacon for investors in the digital asset industry. The country’s unique tax...
IRS crypto tax reporting rules threat to industry: Coinbase legal chief
Coinbase crypto exchange chief legal officer Paul Singh Grewal called upon the crypto community to join the movement against the United Stat...
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, was formally adopted by the...
7 crypto leaders share tips to help Web3 companies prep for tax season
No company looks forward to tax season, but for Web3 businesses, preparing can be particularly difficult. Global operations subject Web3 bus...