OECD

The EU is set to agree new crypto tax laws (Ralph/Pixabay)

Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.

By Jack Schickler

May 12, 2023 at 12:32 p.m. UTC

May 12, 2023

RegulationsEUTaxOECD

The European Commission headquarters in Brussels (Jack Schickler/CoinDesk)

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members

Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.

By Jack Schickler

May 10, 2023 at 1:04 p.m. UTC

May 10, 2023

RegulationsTaxEUTax EvasionOECD

BRUSSELS, BELGIUM - NOVEMBER 11: European Union Commissioner for Economy Paolo Gentiloni Silveri talks to media in the berlaymont, the EU Commission headquarter on November 11, 2022 in Brussels, Belgium. EU Commissioner said: "After a strong first half of the year, the EU economy has now entered a much more challenging phase. The shocks unleashed by Russias war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures. The EU is among the most exposed advanced economies due to its geographical proximity to the war and heavy reliance on gas imports from Russia. As a result, although growth in 2022 is set to be better than previously forecast, the outlook for 2023 is significantly weaker for growth and higher for inflation compared to the European Commissions Summer interim Forecast. (Photo by Thierry Monasse/Getty Images)

EU to Make Crypto Companies Report Tax Details to Authorities

New OECD-inspired tax evasion plans take a step further than the MiCA but haven’t settled how to deal with foreign providers

By Jack Schickler

Dec 8, 2022 at 12:53 p.m. UTC

Dec 8, 2022

RegulationsTaxOECDEUEU Commission

The European Commission in Brussels (Aldo Pavan/Getty Images)

EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan

A draft bill seen by CoinDesk also covers stablecoins, derivatives and companies outside the bloc.

By Jack Schickler

Nov 30, 2022 at 12:29 p.m. UTC

Nov 30, 2022

RegulationsTaxOECDEuropean CommissionEUMoney LaunderingExclusive

Financial Stability Board Proposes 'Comprehensive' International Crypto Rules

Stablecoins could be forced to centralize issuance and major crypto platforms broken up under plans put forward by the Financial Stability Board (FSB) Tuesday. CoinDesk Regulation Reporter Jack Schickler breaks down the details. Plus, insights on OECD's new tax reporting framework for crypto assets.

By CoinDesk Staff

Oct 15, 2022 at 2:07 a.m. UTC

Oct 15, 2022

StablecoinsOECDcdtvTaxFM Clipcrypto regulationFinancial Stability BoardState of CryptoJack Schickler

The OECD has released a new crypto asset reporting framework. (Shutterstock)

Policy

Regulations

OECD Releases New Global Tax Reporting Framework for Crypto Assets

The framework's scope will include stablecoins, crypto derivatives and certain NFTs.

By Camomile Shumba

Oct 10, 2022 at 3:40 p.m. UTC

Oct 10, 2022

RegulationsTaxCryptoOECD

Policy

Oecd

Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules

The OECD is trying to introduce new rules to stop crypto from being used to stash assets out of sight of the taxman.

By Jack Schickler

May 23, 2022 at 8:08 p.m. UTC

May 23, 2022

OECDTaxNFTsDeFi

The OECD wants to make it harder to keep your bitcoin secret from the authorities by stashing it in tax havens. (Michal Ben Ari/EyeEm/Getty Images)

Policy

Regulations

How Do You Tax an NFT?

Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift.

By Jack Schickler

May 19, 2022 at 9:51 a.m. UTC

May 19, 2022

RegulationsTaxOECDAMLIRSNFTs

Policy

Tax

Crypto Providers Would Have to Swap Transaction Details Under OECD Tax-Dodging Proposal

Details of overseas crypto holdings would be shared with home tax authorities under the planned extension of rules intended to bust financial secrecy.

By Jack Schickler

Mar 22, 2022 at 1:57 p.m. UTC

Mar 22, 2022

TaxOECDRegulationAnti-Money LaunderingCrypto

Video

Cbdcs

What Is the Future of CBDCs With Banking?

During Consensus 2021, Greg Medcraft, director of directorate for Financial and Enterprise Affairs at OECD – OCDE, and Harvesh Seegolam, governor of the Bank of Mauritius discuss the role of central bank digital currencies (CBDCs) in the future of banking.

By CoinDesk Staff

May 26, 2021 at 6:21 p.m. UTC

May 26, 2021

CBDCsCentral Bank Digital CurrenciesC21_clipOECDGreg Medcraft