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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…
India is intensifying scrutiny of cryptocurrency activity as tax authorities flag system-estimated income that may not reflect actual profits, issuing reassessment notices that could reopen past filings and pressure traders…
Japan is moving deeper into the compliance phase of crypto regulation, and the latest push is less about approving new products or licensing exchanges than about making digital asset activity…
Crypto tax confusion persists despite widespread adoption, with most U.S. investors aware of obligations but struggling to execute accurately as new reporting rules and portfolio complexity widen compliance gaps across…
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed…
Yang, who campaigned in favor of a $1,000 universal basic income (UBI) back in 2020, stated that as more companies substitute labor with AI, there should be a shift to…
South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy altogether before it ever sees daylight. South Korea…
South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits. The End of the ‘Offshore Shield’…
Mahad Mohamed is a senior crypto tax and accounting specialist with over 25 years of experience in public accounting and tax advisory. His background includes work with Big Four firms…