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Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
27.12.2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources
Russia Approves 15% Tax on Crypto Trading and Mining Income
19.11.2024
The Russian government has reportedly approved some draft changes to a crypto tax bill which proposes to levy…
Detroit residents will be able to pay taxes with crypto from mid-2025
8.11.2024
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels
South Africa’s Tax Agency Adds Crypto to Compliance Programs
13.10.2024
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about...
Crypto staking Jarretts again sue IRS over block reward taxes
11.10.2024
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
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
Turkey denies plans to tax crypto, stock gains
5.6.2024
Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions
Are crypto cashback rewards taxable?
30.5.2024
Unsure if your crypto cashback rewards trigger tax obligations? Learn how to navigate them for stress-free crypto earning
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
8.5.2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others...
Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’
25.4.2024
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators
Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
3.4.2024
Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively...
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
Thailand Abolishes Value-Added Tax Previously Applicable on Digital Asset Trades
9.2.2024
The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency exchanges. VAT Exemption to Bolster Thailand’s...
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
1.2.2024
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry