Tag: crypto tax
Regulations
Crypto News Today: Roger Ver Admits Tax Failures, DOJ Drops Case After $50M Pact
Roger Ver pays $50 million to settle case against tax evasion of bitcoins, DOJ abandons charges under deferred prosecution agreement.An early bitcoin investor, Roger...
News
Switzerland to Share Crypto Data with 74 Countries
Switzerland approves plan to share crypto data with 74 countries by 2027.New crypto rules to take effect in 2026, enabling global data...
Market News
Senators Push Treasury to Overhaul Crypto Tax Rules
Treasury should address cryptocurrency tax regulations, say Senators Lummis and Moreno.
Current rules tax unrealized gains, hurting U.S. crypto firms.
Foreign competitors face...
News
Ukraine Proposes 18% Tax on Crypto Earnings
Ukraine proposes an 18% crypto tax to support the military and state budgets.The new Ukrainian tax framework simplifies rules for crypto transactions...
News
India Imposes 70% Tax Penalty on Undeclared Crypto Gains
India enforces a 70% tax penalty on undeclared crypto gains, applying retroactively from February 2025. Compliance is mandatory to avoid heavy fines.The Indian government...
News
Hong Kong Unveils Crypto Reporting Plan for Tax Transparency
Hong Kong announces plans for a Crypto-Asset Reporting Framework by 2026, aiming to enhance tax transparency and combat tax evasion.The Hong Kong government has...
News
Texas Man Sentenced to Two Years for First Criminal Crypto Tax Evasion
Texas man Frank Ahlgren sentenced to two years for crypto tax evasion, ordered to pay $1M restitution to the U.S.Frank Richard Ahlgren III, an...
News
Australia Moves to Harmonize Crypto Tax Reporting Standards
Australia moves to adopt international crypto tax reporting standards, harmonizing with CARF framework to enhance transparency and tax compliance.Australia is moving forward with a...
News
Taiwan Reviews Crypto Tax Rules After Trump Win
Taiwan's Ministry of Finance is reviewing crypto tax rules after Trump's win amid rising Bitcoin and Dogecoin prices, pushing regulatory updates.Taiwan's Ministry of Finance...
Featured News
Danish Tax Law Council Plans Storage-Based Tax for Crypto Assets
Denmark plans storage-based taxation for crypto assets, aiming for fairer taxation and alignment with existing tax rules.A recent Danish Tax Law Council report suggests...
News
DPP Leader Yuichiro Tamaki Suggests Lower Tax on Crypto Gains
Yuichiro Tamaki suggests a lower crypto tax rate, aiming to align crypto with stock profits and boost Japan’s Web3 sector.Yuichiro Tamaki, leader of Japan’s...
Regulations
Kenya Revenue Authority to Launch Real-Time Crypto Tax System
Kenya Revenue Authority launches a real-time crypto tax system to track transactions, improve tax collection, and curb tax evasion.The Kenya Revenue Authority (KRA) is...
