tax

Policy

India's Crypto Industry Has Great Expectations From the New Budget
The complicated challenge of regulating cryptocurrencies may mean the industry will not be mentioned in the important budget speech.
Jan 21, 2022

Business

Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network
The network will let all customers of participant businesses access free tax filing tools.
Jan 11, 2022

Business

Industry Body for Indian Startups Seeks Crypto Rules
The group wants Parliament to provide more clarity on tax issues in its upcoming budget session.
Jan 8, 2022

Policy

The Inside Story of How India’s Crypto Exchanges Were ‘Inspected’ by Tax Agencies
Two agencies, five months, five crypto exchanges, 100-plus officers, more than Rs 700 million in tax recovery, and yet the scale of the misdemeanor, excused by “ambiguity,” remains unknown.
Jan 7, 2022

Policy

Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report
The report quotes a person in the Finance Ministry who also said cryptocurrency traders should prepare for increased surveillance.
Jan 6, 2022

Policy

South Korea to Tax Inherited, Gifted Crypto Starting Next Year: Report
The country has postponed a general income tax on virtual assets until 2023.
Dec 31, 2021

Policy

Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
Founders face hefty corporate taxes when listing tokens and individual investors are taxed up to 55% on gains.
Dec 23, 2021

Markets

Market Wrap Year In Review: Remembering Bitcoin’s FUD-Fueled Crash
As crypto markets moved through April and May, many buyers began to cash out as fear, uncertainty and doubt (”FUD”) overwhelmed traders. Concerns included U.S. capital gains taxes on digital assets, bitcoin’s environmental footprint and an outright ban on crypto mining in China.
Dec 23, 2021

Policy

How Crypto Losses Could Result in Tax Benefits
The IRS allows investors to take deductions on crypto losses that can reduce tax liabilities or even lead to a tax refund.
Dec 23, 2021