crypto tax

Highlights: Heinen says the Box 3 reform must change before lawmakers move it forward in the Senate. The crypto tax plan would apply a 36% levy on annual gains even without asset sales. The Senate review will determine whether the […]

Highlights: Japan is advancing a 20% crypto tax to align crypto gains with equities in its new tax reform package. Asset managers are preparing new products as trading demand continues to rise. Regulators are expanding oversight to more tokens to […]

Highlights: Roger Ver could avoid prison by paying $48 million in cryptocurrency taxes. He allegedly hid 131,000 BTC, leading to charges of tax evasion and fraud.  His ties to Trump advisers and supportive crypto policies influenced his legal fight. Roger […]

Highlights: India issues crypto tax notices to traders who failed to report earnings from digital asset transactions. The tax department uses data from exchanges and banks to detect unreported crypto income and track all active traders. The CBDT has urged […]

Highlights: India’s crypto industry urges tax reform as government grows open to digital assets. Leaders propose a 0.1% tax to replace high 2022 rates and boost growth. RBI softens its stance, signaling cooperation as exchanges return and the market expands. […]

Highlights: Senators have asked the United States to stop taxing crypto gains that firms have not yet received through actual sales. They warn that the current crypto tax rules might push firms to move their operations to other countries. The […]

Highlights: Slovenia proposes a 25% tax on crypto profits starting in 2026. The new tax will not apply to crypto-to-crypto transactions or wallet transfers. The legislation aims to bring Slovenia’s tax system in line with international standards. The finance ministry […]

Highlights: The IRS introduces temporary relief for crypto holders on CeFi exchanges. Taxpayers can use records or software to track sales until the end of this year. Crypto investors must choose an accounting method or default to FIFO for sales. […]

Highlights: Hong Kong offers tax breaks on crypto and private credit to attract global asset managers. ZA Bank launches Bitcoin and Ethereum trading directly for retail customers in Hong Kong. Hong Kong expands tax exemptions to boost finance and compete […]

Highlights: The Italian government intends to raise crypto tax to 28% instead of the proposed 42%. Industry concerns grow over high tax rates affecting Italy’s crypto investment appeal. Forza Italia proposes scrapping the crypto tax hike and removing exemptions under […]

Highlights: Denmark plans to impose a 42% tax on unrealized crypto gains. The tax Minister supports simpler regulations to reduce unfair taxation. The Tax Council’s recommendations will be discussed early next year before Parliament. Denmark plans to introduce a groundbreaking […]

Highlights  The Democrat Party for the People (DPP) has unveiled a crypto tax plan ahead of the elections.  The party seeks to reduce crypto taxes to 20% to boost web3 investment in the country.  Crypto users laud recent moves by […]