Taxes
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Cryptocurrency
US govt delays enforcement of crypto broker reporting requirements: Report
The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers…
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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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Cryptocurrency
Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total…
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Cryptocurrency
Australian mayor downplays crypto volatility, recommends it for rates payments
Tom Tate, the mayor of the Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay…
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Cryptocurrency
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual…
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Cryptocurrency
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree…
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Cryptocurrency
The new HM Treasury regulations: The good, the bad and the ugly
As the 2021-2022 United Kingdom tax year finished on April 5, 2022, Her Majesty’s Treasury announced they were paving the…
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Cryptocurrency
Russia to include crypto into its tax code: Here is what the rules might look like
In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance…
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Cryptocurrency
Crypto wallet firm Ledger integrates tax solution to simplify reporting
Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a…
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Cryptocurrency
Indonesia to impose 0.1% crypto tax starting in May: Report
The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a…
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