Crypto Tax
Unrealized Gains Tax: How Harris’s Plan Could Hit Crypto Wallets
Kamala Harris and Joe Biden plan to tax unrealized gains. The proposal believes that the tax would benefit the US economy. CNBC hosts believe that…
Nigeria Crypto Tax: New Regulations Coming in 2024
The FIRS of Nigeria seeks support from the National Assembly to launch a new crypto regulatory bill. The proposed bill intends to bring enhancements to…
Mastering Crypto Taxes: A U.S. Taxpayer’s In-Depth Guide
Cryptocurrencies have gained increasing acceptance and use across the world. Their decentralized nature and “enclosed” ecosystem initially made it difficult to integrate crypto transactions into…
From Tax Breaks to B2GC: How Thailand is Becoming a Crypto Hub
A crypto revolution is underway in Thailand, bolstered by the country’s strategic location in Southeast Asia, which makes it an appealing destination for crypto companies…
Indian Crypto Community Left in Limbo as Union Budget 2024-25 Ignores Cryptocurrencies
Indian Union Budget 2024-25 fails to address cryptocurrencies, causing uncertainty in the crypto community. The current tax regime for crypto transactions remains unchanged, with a…
FATF Pressure Prompts Argentina’s Crypto Tax Amnesty and Regulatory Overhaul
Argentina announces a new regulatory policy involving a fiscal package of tax amnesty. The tax amnesty is meant for traders who own up to $100,000…
Crypto Tax Strategies: How to Minimize Your Tax Bill in 2024
Digital assets witness increased traction as countries offer favorable tax policies for crypto investors. El Salvador and Puerto Rico eliminate capital gains tax on crypto.…
Malaysia Launches ‘Ops Token’ to Combat Crypto Tax Evasion
Malaysia’s Inland Revenue Board (IRB) partnered with law enforcement to investigate tax revenue leakage from crypto transactions. The IRB uncovered significant undeclared cryptocurrency trading data.…
Australian Taxation Office Embarks on Crypto Scrutiny, Targets 1.2 Million Accounts
The ATO is scrutinizing an estimated 1.2 million crypto-related accounts for potential tax discrepancies. With the exercise, the ATO aims to uncover unreported transactions involving…
Bitcoin Jesus Busted: Early Investor Faces $48M Tax Fraud Charges
Early Bitcoin investor "Bitcoin Jesus" arrested in Spain. Faces charges of tax evasion & filing false tax returns. Allegedly owes the IRS at least $48…
