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Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...
How to Easily Prepare Your Crypto Taxes – Koinly Founder Robin Singh Explains
27.3.2022
Koinly is a tax solution for cryptocurrency investors and accountants. Anyone who owns multiple exchange accounts or wallets knows the pains when it comes to declaring taxes. Koinly was built to solve this very problem – by integrating with all major blockchains and exchanges Koinly reduces...
Crypto tax policy framework passes India's parliament despite pushback from lawmakers
25.3.2022
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1
India’s Stiff Crypto Tax Legislation Becomes Law
25.3.2022
Amendments sought by the crypto industry were not accommodated and the policies will go into effect on April 1
Crypto Taxes in 2022: All You Need to Know According to Koinly
24.3.2022
Cryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax calculator and portfolio tracker for traders, has created the ultimate guide to help. Koinly Presents The Ultimate Bitcoin Tax Guide for 2022 Crypto...
Proposal for crypto tax policy in India will go to parliament on March 24
23.3.2022
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions
India’s Proposed Crypto Tax Rules Likely to Become Law Thursday
23.3.2022
Any easing of the government's stance on crypto taxation will be contained in amendments to the bill
Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
21.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
Indian crypto tax policy to treat each digital asset investment independently
21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses
Tax expert says buying crypto is not a taxable event
14.3.2022
Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive
Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges
8.3.2022
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors
A Review of 6 Crypto Tax Software Packages
2.3.2022
How to Avoid the Five Most Common Crypto Tax Mistakes I Cointelli
24.2.2022
The 2022 U.S. tax season is upon us and cryptocurrency traders need all the help they can get. Here are five common crypto tax misconceptions you should look out for, courtesy of crypto tax software provider, Cointelli. “You don’t have to pay taxes on crypto” One very common...
NFTs Are the Latest Crypto Tax Events Nobody Understands
24.2.2022
Casual collectors may be in for a rude awakening this year
4 Crypto Tax Myths You Need to Know
23.2.2022
With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hunnum. This piece is part of CoinDesk's Tax Week
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
23.2.2022
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep firms are rolling out crypto services
Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved
23.2.2022
A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings
Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call
18.2.2022
As the Japanese crypto scene is sending more signs of adoption and investments, a blockchain business leader is calling for a crypto tax laws reform.
Here's what recently happened in the Land of Rising Crypto Sun.
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Read More: Japanese Gaming Giant Enters Metaverse, BitBank Adds...
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
15.2.2022
The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms....
Read More: Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans