Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments
The Swiss canton of Zug has started accepting tax payments in cryptocurrency. In a previous announcement in 2020, the Swiss authorities said that, from February, […]
Tax
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
The U.S. Library of Congress’ law division has released a report that shows major differences across global jurisdictions on the taxation of cryptocurrency gains based […]
Bitcoin ‘Underperforms’ During Tax Time: Analysis
January ushers in a new tax season. It is also, historically, a time when bitcoin underperforms relative to the other months of the year. Some […]
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial […]
India Mulls Imposing 18% Tax on Bitcoin Transactions
The Indian government is considering a bitcoin transaction tax that would add $1 billion in revenue a year, a move some industry participants said is […]
Thai Excise Department Will Deploy Blockchain Tech to Boost Tax Collection
Thailand’s Excise Department is hoping the integration of a blockchain system can help it boost revenues and assist the nation’s economic recovery. According to a […]
India Plans to Tax Income From Bitcoin Investments: Report
India-based investors may soon have to pay taxes on returns earned from bitcoin investments. The country’s income tax authority is tracking investors making money amid […]
Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams
Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to […]
South Korea May Delay Implementation of 20% Crypto Tax Till 2022
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial […]
Russian Ministry Moves to Soften Requirements for Crypto Tax Reporting
Russia’s Ministry of Finance has proposed new amendments to the country’s coming law on crypto assets that could soften the requirements for cryptocurrency taxpayers, news […]