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Nalezeno "30% crypto tax": 885

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force

2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

Walking the Crypto Tax Tightrope in US

1.4.2022
Co-Authored by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin. __________... Read More: Walking the Crypto Tax Tightrope in US

Indonesia to impose 0.1% crypto tax starting in May: Report

1.4.2022
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork

Five Reasons Why Koinly Is the Best Crypto Tax Software

1.4.2022
Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world...

30% crypto tax becomes law in India following Finance Bill approval

31.3.2022
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

29.3.2022
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....

Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

29.3.2022
A new push for clarity on compliance from Senator Wyden aims to ensure economically distressed communities receive promised benefits from crypto mining companies

Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

28.3.2022
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023

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. ____... Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News