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Nalezeno "30% tax": 3217

Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations

1.12.2023
Source: iStock Images Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that...

Brazilian Senate OKs ‘15% Crypto Tax Rate’

1.12.2023
Source: karlavidal/Adobe Brazilian senators have voted in favor of a bill that proposes taxing crypto tax profits earned on overseas crypto platforms at a fixed rate of 15%. Per the parliamentary website and a report from Brazil’s Livecoins, lawmakers “seriously amended” the bill to ensure...

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report

30.11.2023
The bill is awaiting presidential approval

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

30.11.2023
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told

Brazilians may soon need to stump up taxes on crypto held abroad

30.11.2023
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income

Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes

29.11.2023
Image Source: Pixabay The UK national taxing authority has asked crypto users to disclose any unpaid taxes they might have in order to avoid fines. In a Wednesday announcement, HM Revenue and Customs (HMRC) asked crypto users to make a “voluntary disclosure of any unpaid tax” relating...

UK crypto hodlers get a call from the tax grinch

29.11.2023
HMRC has issued a stark warning to crypto, NFT and utility token holders that they must pay their taxes on time or face the consequences

UK to Hit Crypto Users With Penalties for Unpaid Taxes

29.11.2023
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings

Ukrainian Lawmakers Mull Two Crypto Tax Bills

29.11.2023
Source: Mariana Ianovska/Adobe Ukrainian lawmakers are set to debate two crypto tax bills, as Kyiv looks to raise money from crypto traders. Per Minfin and PSM7, Yuriy Boyko, a member of the National Commission on Securities and the Stock Market, confirmed that the regulator was the author of...

Spain’s Crypto Users to Declare Digital Assets on Foreign Platforms as Tax Agency Updates Guidelines

28.11.2023
Source: alexlmx/Adobe Spain’s tax administration agency, popularly called Agencia Tributaria has released new rules governing digital asset reporting in the country that will see holders declare their foreign-held assets. The tax agency released form 721, a tax reporting form for users that hold...

Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization

27.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Libertarian Javier Milei wins the runoff election in Argentina, reinforcing his intention of eliminating the central bank. Also, the digital real...

Japanese Tax Agency Investigates Hundreds of Crypto Tax Violations

27.11.2023
Source: umaruchan4678/Adobe The Japanese National Tax Agency (NTA) has revealed it has recently investigated hundreds of crypto tax violations. The NTA released its annual report on tax investigations ahead of the weekend, including a section on crypto taxation. The data in the report, and also...

KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

24.11.2023
Australia’s tax regulator did not clarify whether investors must pay taxes on liquid staking or transfer to layer-2 bridges

DeFi Users Seek Clarity as Australia’s Tax Office Fails to Explain New Capital Gains Tax Rules

24.11.2023
The ATO’s opaque DeFi tax guidance perplexes Australian crypto investors. Image by Vadym, Adobe Stock. The Australian Taxation Office (ATO) released new guidance on November 9, stating that capital gains tax (CGT) applies to certain decentralized finance (DeFi) transactions. The tax agency...

Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

24.11.2023
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges

1 Way to Revive Dead NFT Wallets

22.11.2023
Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits

South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework

18.11.2023
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down...