Korean crypto investment firm Hashed reportedly under tax investigation
South Korea’s tax agency is looking into crypto investment firm Hashed according to local media.
Auto Added by WPeMatico
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks…
UK digital services tax targets crypto exchanges
Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK.
‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge.
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those…
Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory…
Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted…
Puerto Rico sees resurgence of interest among crypto rich
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper.
‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’
The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen,…