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Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals

The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are…

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Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders

The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public…

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Argentine Tax Authority AFIP Notified 4,000 Crypto Holders to Ammend Their Tax Statements

The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between…

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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country

Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the…

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Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…

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Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners

The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions…

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European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion

Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has…

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