Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments.
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Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied…
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency…
Indonesia to impose 0.1% crypto tax starting in May: Report
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork.
30% crypto tax becomes law in India following Finance Bill approval
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1.
Waiting on the executive order: how users and financial professionals may benefit from it
The fruits of President Biden’s EO will not materialize until months from now, but the need for regulatory change is far-reaching.
Crypto donation startup launches IRS form as US tax season loom
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar.
Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling.…
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11…
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.
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