India Adopts Crypto, Introduces ‘Crypto Tax’ At Union Budget 2022
India in its Union Budget 2022-23 has decided to introduce a ‘Crypto Tax’. Finance Minister Nirmala Sitharaman proposed a 30% ...
Tag: Crypto tax
South Korea Financial Regulator May Impose Tax On NFTs
Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea's Financial Authority recently proclaimed non-fungible tokens (NFT) ...
House Passes $1 Trillion Infrastructure Bill; Implications For U.S. Crypto Community
The U.S. House of Representatives, on Friday, passed the $1.2 trillion bipartisan infrastructure bill. With a final vote of 228-206, ...
Crypto Cards Arrive In Australia. What Are The Tax Implications?
The ability to spend crypto as easily as one might spend traditional fiat currency has long been sought after by ...
U.S. Lawmakers Narrow US Infrastructure Bill Requirements For Crypto Tax Reporting
According to reports, authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill, which was ...
IRS Crypto Prosecutions Set to ‘Skyrocket’, Says US Tax Law Firm
The US Internal Revenue Service (IRS) is expected to ramp up its cryptocurrency-related enforcement actions, a tax law office warns. ...
IRS Removes Crypto Tax Reporting for Fortnite and Other Game Tokens
The U.S. Internal Revenue Service (IRS) has updated its webpage, removing parts of its crypto tax disclosure guideline which classified ...
Crypto Group Asks IRS to Make Small Payments Tax-Free
The Wall Street Blockchain Alliance is the latest to ask the U.S. Internal Revenue Service (IRS) to consider a ‘de ...
