Capital Gains

Web3

Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs

The platform has so far purchased over 9,300 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.

By Eli Tan

Dec 31, 2022 at 2:00 p.m. UTC

Dec 31, 2022

NFTsWeb3taxesCapital Gains

Policy

Portugal

Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains

The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end.

By Elizabeth Napolitano

Oct 10, 2022 at 6:31 p.m. UTC

Oct 10, 2022

PortugalCapital Gains

Japan is reportedly considering a tax reduction to entice crypto startups to stay in the country. (DigiPub/Getty Images)

Policy

Regulations

Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report

Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains.

By Sandali Handagama

Aug 26, 2022 at 10:10 a.m. UTC

Aug 26, 2022

RegulationsJapanCrypto TaxesCapital GainsInvesting

South Korea has delayed plans to tax crypto by two years to 2025. (Jacek Malipan/Getty)

Policy

Regulations

South Korea Postpones 20% Crypto Tax to 2025

The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.

By Sandali Handagama

Jul 21, 2022 at 9:38 a.m. UTC

Jul 21, 2022

RegulationsSouth KoreaTaxCapital GainsPolicy