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The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for an estimated 6 million local users. SARS Targets Six Million…
Senate lawmakers could release cryptocurrency tax legislation as early as this fall, Sen. Steve Daines (R-Mont.) said, with the Montana Republican stating that a framework is already in place and…
Illinois has enacted a 0.2% tax on digital asset transfers that will apply whether a trade ends in profit or loss, beginning Jan. 1, 2027. Industry groups have branded the…
Proposed crypto tax changes could limit loss-harvesting strategies by extending wash sale and constructive sale rules to many digital assets, while providing limited exemptions for certain categories of crypto activity.…
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users…
Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth is being reported. Broad Underperformance…
Kenyan Treasury Cabinet Secretary John Mbadi dismissed widespread rumors that the Finance Bill 2026 introduces new taxes on cryptocurrency transactions. Clarifications on Digital Content and Bread Taxes In a bid…
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance…
Colombia’s Constitutional Court has declared President Gustavo Petro’s economic emergency decree unconstitutional, ending a 13-month effort to impose value-added taxes on the country’s online gambling sector through executive action. The…
Japan is moving from a punitive miscellaneous income tax of up to 55% to a flat 20.315% separate taxation regime, aligning crypto with traditional stocks. The reform introduces a three-year…