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tax
Brazil’s New Tax Bill on Cryptocurrencies and Investments
According to a recent report, the Brazilian government is drafting its new tax bill concerning capital investments and trading operations in cryptocurrencies. The bill, which was produced by the Finance Ministry, intends to clarify…
Thailand greenlights tax breaks on Crypto heralding new opportunities for investors –
The Thai government has approved a tax exemption measure for individuals holding investments in cryptocurrency.
Key Takeaways
The new measure will focus on earnings from investment tokens, granting investors a significant advantage…
Indonesia’s Ministry of Finance Urged To Review Crypto Tax Policy
Indonesia’s Ministry of Finance Urged To Review Crypto Tax PolicyIndonesia's Commodity Futures Trading Regulatory Agency (Bappebti) is reportedly asking the Ministry of Finance to re-evaluate the current tax regime for cryptocurrency…
IRS Taps Crypto Tax Veteran Sulolit ‘Raj’ Mukherjee
J.D.Sulolit “Raj” Mukherjee, JD
The Internal Revenue Service has tapped Sulolit “Raj” Mukherjee, J.D., one of the crypto industry’s foremost experts on tax policy, to advise its digital assets efforts.
In a press release today, IRS…
South Korean parties pledge pro-crypto policies favoring ETFs, tax delays
Leading up to South Korea’s general election in April, both the governing and opposition parties are courting voters with pro-crypto policies.
South Korea, known for its high-volume crypto trading scene, could see these electoral…
CBDT Notifies Exclusion Of Gift Cards, Loyalty Points, Others From Crypto Tax, Bitcoin Down
The Central Board of Direct Taxes (CBDT) has clarified that gift cards, reward points, mileage points, any loyalty or incentive program, subscription to websites or applications, are not to be included under the…
Treasury offers framework for regulating crypto internationally
The Treasury Department has developed a framework with other federal agencies for engaging with foreign countries on the regulation of digital assets, in response to an executive order from President Biden, even as lawmakers in Congress…
Crypto tax deters 83% Indian investors from crypto trading: WazirX report
The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline in trading volumes across all Indian crypto exchanges, a report from WazirX reveals a…
South Korea’s 20% crypto tax delayed by two more years
South Korea is delaying its planned crypto tax on digital assets for another two years, Ministry of Economy and Finance tax policy chief Ko Kwang-hyo announced on Thursday.
See related article: S.Korea finance minister nominee wants to…