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Nalezeno "30% crypto tax": 885

New Zealand to Put OECD Crypto Tax Framework in Place by April 2026

27.8.2024
New Zealand-based crypto-asset service providers will have to collect information on users' transactions starting April 1, 2026

New Zealand introduces OECD crypto reporting framework on new tax bill

27.8.2024
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000)

Crypto for Advisors: Are Crypto SMAs Right for Institutions?

22.8.2024
Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts

India’s crypto future hinges on DEA’s September consultation paper

22.8.2024
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

20.8.2024
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS...

Nigeria Planning to Present Law to Tax Crypto by September: Report

19.8.2024
Nigeria's Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday

Senate proposal for crypto tax exemption is long overdue

13.8.2024
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue

IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements

10.8.2024
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital asset transactions, introducing key changes that may address past criticism and privacy issues. This new version, reportedly set to be partially implemented in 2025, removes several contentious...

IRS Shares New Crypto Tax Form, Invites Industry Input

9.8.2024
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA

India has no plans to regulate crypto sales and purchases

7.8.2024
Despite tightening measures against money laundering and terror financing, India has no immediate plans to regulate cryptocurrency transactions

India Maintains Crypto Tax Regulations in 2024/25 Budget

23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....

Indian finance minister ignores crypto industry’s budget tax plea

23.7.2024
Local crypto businesses pushed for a reduction in the 1% TDS to 0.01% to revive its customer base

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

23.7.2024
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%

India Unlikely to See Crypto Tax Reduction in Tuesday's Budget

22.7.2024
India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted

Latam Insights: Bukele Slashes Import Duties in El Salvador, Argentina Enacts Crypto Tax Normalization

21.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina defined rules for regularizing cryptocurrency assets...