Articles about tax
India’s Controversial Crypto Tax Policy Stays Put
There was little hope for a potential revision of the exorbitant taxes imposed on cryptocurrency transactions, which ...
The IRS Reminds Taxpayers to Report Crypto Income 💰💸
The IRS has now added a new digital asset question to the 2023 tax return Form 1040, providing taxpayers the opportun...
South Korea Cracks Down on Crypto Tax Evasion: Citizens Beware!
Last year, the tax body of South Korea successfully seized cryptoassets worth $28.4 million from citizens who were at...
South Korean Government to Reconsider Crypto Taxation: Will Traders Be Allowed to Trade Tax-Free?
The South Korean government has announced that it will conduct a thorough re-evaluation of the necessity to tax crypt...
📈 Indonesia’s Crypto Exchanges Face Decline in Transaction Volume as Taxes Take Toll
In 2023, Indonesian crypto exchanges experienced a 60% decrease in trading volumes, presenting an opportunity for gro...
South Korea Cracks Down on Crypto Tax Evasion: $375,000 Confiscated from “Tax-Evading” Residents
Incheon, South Korea reports that they have successfully seized $375,000 worth of cryptoassets from residents who att...
India’s local crypto and web3 advocacy group has sought action against offshore entities, according to a source.
The Chairman of the Bharat Web3 Association (BWA) sent a letter to the Indian government on December 16th, showcasing...
48 Countries Pledge to Implement CARF Attitudes of Parties and Future of Transparent Cryptocurrency Tax Framework
On November 10th, 48 countries including the United States, Canada, Germany, and Japan committed to combat tax evasio...
Crypto Users Beware: Taxman Cometh!
Attention all fashion-forward crypto users in the UK! The national tax agency is urging you to report any missed tax ...
Taking Taxes Seriously: U.K. Government Cracks Down on Crypto Users
The Treasury asks individuals to report any undisclosed income or capital gains tax from their cryptocurrency, NFT, a...
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