Tax Investigation Underway for Korean Crypto Investment Firm Hashed
At present, crypto investment firm Hashed is under inquiry. The investigation is carried forward by the National Tax Service (NTS) in South Korea; reports the local ...
Dec 7, 2021
South Korean Legislators are Getting Closer to Reaching an Agreement to Postpone the Crypto Tax for a Year
South Korean legislators are close to deferring crypto tax for another year, which might be a massive gain for the local crypto business. Cryptocurrency gains achiev ...
Nov 30, 2021
ATO Says it Cannot Rely on the Tax Records of Crypto Investors
Even though most investors do their hardest, the Australian Tax Office (ATO) says it can’t rely on crypto investors to maintain track of their tax records, tra ...
Nov 29, 2021
Australian Cryptocurrency Investors are Not Trustworthy; Can't Keep Transaction Themselves
The Australian Taxation Office (ATO) has stated that cryptocurrency investors cannot be depended upon to track their investment profits and tax liabilities. As more ...
Nov 24, 2021
Indian Crypto Industry Pursues Tax Clarity in Union Budget 2022-23
Indiatech, an industry organization in India, has written to Nirmala Sitharaman, the country’s finance minister, about bitcoin taxation. Coinswitch Kuber, Wazi ...
Jan 10, 2022
Union Budget 2022: 30% Tax on Virtual Asset Transfer
The government did not adjust the income tax brackets. Finance Minister Nirmala Sitharaman has made a number of significant announcements, including a 30 percent tax ...
Feb 1, 2022
From 30% Tax on Gains to a 1% TDS on Payments, Here’s What 2022 Budget Got For Crypto
India’s Finance Minister Nirmala Sitharaman presented the 2022 Budget on 1st Feb and the internet was taken by storm. One of the focal points of this attention was t ...
Meghna Das Chowdhury
Feb 2, 2022
UK Tax Agency Released New Guidelines Around DeFi
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency announced a controversial set of recommendations on Wednesday that could harm Decentralized Fin ...
Feb 3, 2022
Bipartisan Bill Proposes Tax Exemption With Gains of $200 or Less
A law has been submitted by four members of Congress, two Democrats and two Republicans, to make the everyday use of digital assets more realistic. Consumers are alr ...
Feb 4, 2022
TurboTax Teams With Coinbase to Allow Tax Refunds in Crypto
US-based cryptocurrency exchange Coinbase is partnering with tax-preparing software TurboTax to let users convert their tax refund into cryptocurrencies. On Thursday ...
Feb 4, 2022
US Lawmakers Introduce New Bipartisan Crypto Tax Bill
Currently, any gain obtained from the sale of cryptocurrencies must be reported as a taxable income in the US regardless of the size or purpose of the transaction. S ...
Feb 7, 2022