In a recent statement, the US Treasury Department explains that digital asset transactions will not be subjected to identical reporting requirements as cash until more precise regulations are established.
AlexTheoretically, as long as the general direction of the country is certain, virtual currencies will be taxed at any time. And in the context of countries around the world gradually recognizing the legality of virtual currencies and the severe fiscal tightening in various places, I believe that this day will not be too far away.
JinseFinanceAustrian debtors and service providers will be required to deduct Austrian capital gains tax from capital gains accrued after December 31, 2023.
JinseFinanceThe 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.
JixuThe ATO's recent guidance on DeFi transactions and potential CGT has created confusion among Australian users. The lack of clarity, coupled with delays in legislative guidance, adds complexity to tax implications, hindering DeFi activities.
Huang BoMember states are expected to implement the rules by December 31, 2025
ClementBoth centralised and decentralised exchanges will be impacted by the new rules.
AlexHere are the NFT-related rules of thumb to consider when filing your 2022 taxes.
CoindeskBrazil's Federal Tax Agency wants investors to pay taxes on cryptocurrency trading profits, even if they are not converted into Brazil's national currency.
CointelegraphIn recent years, the difficulty in obtaining real estate certificates has been one of the most difficult problems reported by the masses.
Ftftx