Crypto Tax
Indonesia and Australia Join Forces to Crack Down on Untaxed Crypto
Indonesian and Australian tax authorities sign a new MoU to strengthen crypto taxation. The agreement focuses on enhancing the detection of crypto assets with potential…
Thailand Removes 7% VAT for Crypto Trading to Bolster Digital Economy
Thailand’s Finance Ministry waived the value-added tax on digital asset trading. VAT exemption on crypto was limited to authorized virtual asset exchanges. It has been…
Thailand Crypto Exchanges Getting Ready Ahead of Crypto Taxes Changes
Cryptocurrency exchanges in Thailand alert customers about the tax implications of holding digital assets. Thai tax authorities plan to make changes to crypto taxes in…
South Korea Exempts Self-Custodied Crypto From Overseas Tax Reporting
South Korean tax authorities exclude crypto assets held in cold and non-custodial wallets from overseas financial account reporting. The law introduced in 2023 requires South…
Korean Firm CryptoTax Secures New Funding, Eyes New Collaboration
Korean virtual asset tax and accounting platform CryptoTax achieved a funding triumph in a pre-Series A round. The new funding comes 14 months after securing…
India’s Central Board Of Direct Tax Report ₹700Cr in Tax From Crypto
Indian CBDT Chairperson Nitin Gupta shared that the government has garnered more than ₹700 crore in tax revenue from crypto trading. Back in August, a…
South Korea’s Crypto Hunt: Cheongju Moves to Seize Assets from Tax Evaders
Tax authorities in Cheongju, South Korea, are taking action against local tax evaders in crypto space. Investigation targets 8,520 users on Upbit, Bithumb, and other…
Japan’s National Tax Agency Revises Crypto Tax Rules: 30% Exemption
The National Tax Agency has updated crypto tax rules, offering exemptions for firms issuing tokens. Japan's new regulations allow companies issuing tokens to be exempt…
Crypto Community Reacts to MetaMask Updated Policy on Tax Obligations
MetaMask policy stirs the crypto community as it sparks fears for decentralization. MetaMask stated that it reserves the right to withhold taxes where required. A…
Crypto Influencer Faults US Govt’s $18B Crypto Tax Loopholes Claims
Influencer CryptoWendyO disputes the US government's claims of crypto tax loopholes. The crypto enthusiast cited no clear regulatory definition of crypto yet. US President has…
