tax

CDCROP: Belgium, Bruxelles, European Union palaces (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.
CDCROP: Belgium, Bruxelles, European Union palaces (Getty Images)

(Gez Xavier Mansfield/Unsplash, modified by CoinDesk)
Why Crypto Taxes Get Complicated (Especially for Institutions)
From "impermanent losses" to loan-to-value ratios, financial institutions need to keep track of a lot of data to ensure they remain compliant while participating in DeFi.
(Gez Xavier Mansfield/Unsplash, modified by CoinDesk)

CDCROP: Tax Withholding forms Taxes Prep (Kelly Sikkema via Unsplash, modified by CoinDesk))
The Pitfalls of Being Paid in Crypto
With marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto income could be taxed at an 80% or higher.
CDCROP: Tax Withholding forms Taxes Prep (Kelly Sikkema via Unsplash, modified by CoinDesk))

CDCROP: New Delhi, India
India Considers Taxing Crypto Income From Businesses Headquartered Elsewhere
The government has invited comments on the draft from stakeholders and the general public.
CDCROP: New Delhi, India

Coindesk placeholder image
Japanese Crypto Self-Regulatory Body to Loosen Token Vetting Process: Report
Japan has been looking to ease rules for crypto startups, with the government also considering corporate tax breaks for companies.
Coindesk placeholder image

CDCROP: The OECD has released a new crypto asset reporting framework. (Shutterstock)
OECD Releases New Global Tax Reporting Framework for Crypto Assets
The framework's scope will include stablecoins, crypto derivatives and certain NFTs.
CDCROP: The OECD has released a new crypto asset reporting framework. (Shutterstock)

CDCROP: Colorado Gov. Jared Polis (CoinDesk)
Colorado Residents Can Now Use Crypto to Pay Taxes
The state's taxpayers can do so through PayPal for an additional fee.
CDCROP: Colorado Gov. Jared Polis (CoinDesk)

CDCROP: Prime Minister Kishida Press Conference (Zhang Xiaoyu - Pool/Getty Images)
Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.
CDCROP: Prime Minister Kishida Press Conference (Zhang Xiaoyu - Pool/Getty Images)

La autoridad fiscal de Argentina comenzó la búsqueda de mineras clandestinas de criptomonedas. (Angelica Reyes/Unsplash)
Autoridad fiscal de Argentina despliega por primera vez operativos para encontrar mineras cripto
Según AFIP, la semana pasada fueron descubiertas tres granjas de minería de criptomonedas en situaciones irregulares.
La autoridad fiscal de Argentina comenzó la búsqueda de mineras clandestinas de criptomonedas. (Angelica Reyes/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for Sept. 7, 2022
With bitcoin approaching 2022 lows, a deep dive into Europe’s energy crisis and the District of Columbia’s case against bitcoin evangelist Michael Saylor, CoinDesk’s “Markets Daily” is back with its latest news roundup.
Markets Daily Podcast Cover