#taxes
On October 12, the lower house of the Parliament of Kazakhstan approved in the first reading five bills regulating the issue and circulation of cryptocurrencies in the country.
The draft budget of Portugal included the taxation of cryptocurrencies
The draft budget of Portugal for 2023 involves the introduction of 28% of the income tax on digital assets held for less than a year. If this period is exceeded, it is not assumed.
Uzbekistan introduced monthly fees from cryptocurrency companies
NAPP Uzbekistan obliged licensed cryptocurrency companies to pay monthly fees to the budget.
In the United States, crypto -investors evading taxes fell under the IRS sight
The US Tax Service (IRS) will disperse the invitation to appear to the department to users who do not report and do not pay a cryptotrazic tax tax. This will become possible after the appropriate court permission.
In Colorado, they allowed to pay taxes with bitcoins
Colorado’s income department allowed residents to make tax payments in cryptocurrencies.
Russia proposed to introduce cryptocurrencies to the Civil Code
Russia offers to legitimize cross -border cryptocurrency operations in 2023, but this will require changes in the Civil Code.
Michael Seilor was accused of tax evasion in the amount of $ 25 million
The Federal District of Colombia (USA) filed a lawsuit against Microstrategy and its executive chairman Michael Seilor. The prosecutor’s office accuses them of fraud in order to avoid tax evasion.
The authorities of Japan will consider tax business for cryptostarts
FSA and the Ministry of Economy, Trade and Industry of Japan are considering a proposal for tax reform for 2023. Among the options are the release of cryptostarts that produce their own tokens from taxes for unrealized profits.
In South Korea, they are obliged to pay tax from stakeing and airrodov
Tokens received by residents of South Korea as a result of hardforms and airrodes, as well as streaming rewards will fall into the calculation of inheritance tax and donation. This was stated by the Ministry of Strategy and Finance of South Korea, local media write.
The US Senate was proposed to exclude cryptotransa from taxation in the amount of up to $ 50
The bill designed to free transactions with digital assets in the amount of up to $ 50 in the equivalent from the tax on capital.
In South Korea posted the introduction of tax on bitcoin traders
The Government of South Korea announced the postponement of the entry into force of taxation of digital assets for two years, reports Digital Today.
The President of Kazakhstan signed the law on tax rates for miners
President of Kazakhstan Kasim-Zhomart Tokaev signed a law providing for the introduction of differentiated mining tax rates.
The UK will study the taxation of cryptolending operations and stakeing in Defi
The authorities of Great Britain invited the public to discuss the possibility of introducing taxation of stakeing and crypto -base in the context of decentralized finance.
The volume of trading on the crypto -rhizas of India fell after tightening the tax burden on traders
July 1, the trade turnover on the leading bitcoin-turbar of India decreased sharply, according to Nomics. The reason was the entry into force of 30% of income tax from cryptocurrency transactions and 1% of the collection within TDS.
Albania will introduce taxation for cryptocurrencies
The authorities of Albania intend to introduce taxation on income from investment in cryptocurrencies since 2023.
The mayor of the Australian city allowed the use of cryptocurrencies to pay taxes
The mayor of the city of Gold-Kost (Australia) Tate did not rule out that in the future residents will be able to pay taxes in digital assets. ABC News writes about this.
Thailand freed cryptocurrencies from VAT to the end of 2023
The Thai government freed the transfers of digital assets involving licensed cryptocurrency exchanges from paying value added tax. The rule will be valid until the end of 2023, writes Bangkok Post.
The authorities of Kazakhstan approved in the first reading new tax rates for miners
The deputies of the Mazhilis (Lower House of Parliament) of Kazakhstan supported in the first reading a bill on amendments to the Tax Code affecting mining taxation.
Australia will strengthen control over the payment of taxes with cryptoinvestors
Australia tax service (ATO) included cryptocurrencies and NFT in the list of key areas for 2022.
Media: In India, they proposed increasing tax on transactions with cryptocurrencies
In India, they intend to increase the tax burden on the cryptocurrency sector, reports CNBC-TV18 with reference to the source.
Taxes on digital assets in the Russian Federation: for which they offer to pay to owners and issuers of tokens
Especially for FORKLOG, lawyers dismantled the requirements for the owners of the Tsfa presented by the authorities of the Russian Federation.
Expert: The bill on taxes on digital assets does not affect the cryptocurrency market in the Russian Federation
The bill on taxation of operations with digital assets introduced to the State Duma will not affect cryptocurrency owners. This was announced by Forklog by GMT Legal managing partner Andrey Tugarin.
The State Duma introduced a bill on taxes on digital assets
On April 14, the Cabinet of Ministers submitted to the State Duma a bill on taxes on operations with digital assets.
Localbitcoins transferred to tax data over 100,000 Russian users
The tax service of the Russian Federation received information about more than 100,000 users of the Localbitcoins P2P platform for 2021.
The State Duma admitted the adoption of a bill on taxation of cryptocurrencies to the spring session
The bill on amendments to the Tax Code in terms of taxation of transactions with cryptocurrencies is planned to be adopted before the end of the spring session of the State Duma. This was announced by the head of the committee on the financial market Anatoly Aksakov.
Indonesia will introduce VAT and income tax on surgery with cryptocurrencies
From May 1, Indonesia will begin to levy the value added tax (VAT) with transactions with crypto actures and income tax from capital growth from such investments. In both cases, the rate will be 0.1%, said the representative of the country’s tax service in an interview with Reuters.
The US Department of Finance proposed to report foreign cryptocurrencies with assets over $ 50,000
The US Department of Finance put forward a proposal for the distribution of cryptocurrency requirements for informing IRS on the presence of more than $ 50,000 abroad abroad.
The White House predicted additional revenues for $ 11 billion from cryptocurrency taxes
An additional $ 11 billion in the period until 2032 will arrive in the US budget as a result of expanding the requirements for the tax reporting of digital assets. Such calculations are given in his project.
Indian authorities identified tax evaluation of 11 crypto -rhizas for $ 12.6 million
11 leading Bitcoin-turb the India, including CoindCX and Coinswitch, have evaded sales tax and should pay 95.86 crore (~ $ 12.58 million). This was announced in a letter from the Upper House of Parliament by the Minister of Finance Pankaja Chaudkhari, writes Newsroom Post.
The authorities of Rio de Janeiro will allow to pay for real estate tax with bitcoin
In 2023, the administration of Rio de Janeiro will amend the legislation that will allow to pay for real estate tax using bitcoin. This was announced by the head of the department of economic development and innovation of the city of Chikao Bulkhoins.
India Parliament adopted the law on taxation with cryptocurrencies
The lower house of the India Parliament approved the “Law on Finance” with controversial amendments regarding the taxation of digital assets. New rules will enter into force on April 1, 2022.
India tightened the rules for taxation of crypto trading
The Ministry of Finance of India determined that when calculating taxes, traders will not be able to compensate for losses in one digital asset in another.
Colorado authorities implement the possibility of paying taxes in cryptocurrencies
By the summer of 2022, the Colorado authorities will allow to pay taxes and fees in cryptocurrencies. This was stated by Governor Jared Polis during the Ethdenver conference, writes The Block.
The Ministry of Finance of the Russian Federation will temporarily abandon the special taxation of miners
The Ministry of Finance of the Russian Federation will not focus on the special tax regime for miners in the first version of the bill on the regulation of their activities.
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