Japanese National Tax Agency revision Earlier this week, corporate tax rules for cryptocurrency issuers were announced. The revised rule exempts crypto token issuers from paying corporate tax on unrealized gains on assets held. According toRead More
Belarus will allow cryptocurrency businesses, including miners, to operate tax-free until 2025. Exempted taxes include value added tax, income tax and personal tax. Belarus is one of the countries looking to encourage more crypto-related investments.Read More
advertisement Israeli tax authorities in Jerusalem are investigating two NFT creators for possible tax evasion. Suspects, Abraham Cohen from Jerusalem and Anthony Pollack from Hal Adder, are said to have reported unreported income of aboutRead More
CoinTracker’s cryptocurrency tax solution is now available on the Arbitrum, Optimism, and Cosmos blockchains. This support is designed to streamline the digital asset tax filing process. This solution makes it easy to synchronize transactions acrossRead More
advertisement a investigation We found that 58% of U.S. crypto investors reported taxable crypto holdings in 2022 — a 4% increase year-on-year — while 31% did not and 11% of the sample size responded. declined.Read More
Latest report Are you a cryptobottom in?Onchain says yes, Macro says pain occurs after a baited pause Is Bitcoin poised for new lows or is the bottom set at $15,500? CryptoSlate analyzed on-chain and macroRead More
What happens if I buy an NFT and it becomes worthless? not sell offers a new service to purchase low-priced NFTs for tax deductible purposes. Tax Solutions for NFT Owners Despite the growing popularity andRead More
the Italian parliament approved On December 30th, a 26% tax will be implemented on cryptocurrency-related profits over €2,000. This new law is part of the 2023 Italian budget. Budget describes cryptocurrencies as virtual representations ofRead More
Exactly one year ago, the Hirshhorn Museum in Washington, D.C. (the capital’s preeminent contemporary art museum) announced that a non-fungible token (NFT) was “Art trend or future?”After 12 months, it seems that “tax deduction” wasRead More
FTX founder Sam Bankman-Fried faces formal criminal charges after his cryptocurrency exchange collapses. Although not yet anchored, it appears that these investors are on track to take a more favorable tax position as SBF’s fateRead More
