The Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
JixuIsrael's parliament, the Knesset, has given initial approval to a bill that seeks to extend tax benefits currently available to ...
BitcoinistThe proposal, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.
OthersThe LUNC community has voted to reduce the tax burn rate from 1.2% to 0.2%.
BeincryptoLawmakers in a European country have drafted a 2023 budget that revealed a 28% tax on crypto assets held for under a year.
BeincryptoStaking is likely to become mainstream, which could prove rather costly for U.K. taxpayers.
BeincryptoThe Economic Crime and Corporate Transparency bill is meant to build on an earlier law that helped regulators place sanctions on Russia.
CoindeskCryptocurrencies are one of the most revolutionary technologies of the past decades. These assets provide people from all over the ...
BitcoinistAlong with the rise in popularity of cryptocurrency trading worldwide, there has been a significant increase in the number of ...
BitcoinistCryptoUK has warned that UK-based cryptocurrency exchanges will be subject to a 2% tax, which could be passed on to investors.
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