Tax reduction
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Cryptocurrency
Tax strategies allow crypto investors to offset losses
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto…
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Cryptocurrency
Here’s why India held on to older crypto reforms in national budget 2023
Cryptocurrency and blockchain technology found no mention in India’s union budget for the year 2023, bringing down the hopes of…
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Cryptocurrency
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies…
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Cryptocurrency
Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops
The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked…
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Cryptocurrency
Japan may see a reduced 20% tax on crypto earnings with new proposal
The Japan Crypto-Asset Business Association (JCBA) and the Japan Crypto-Asset Exchange Association (JVCEA), the two prominent crypto advocacy groups in…
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Cryptocurrency
Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales
The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets…
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