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Tag: tax revenue

DeFi Education Fund CEO Blasts U.S. Treasury’s Proposed Reporting Rules for Crypto

On 25 August 2023, the U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), unveiled draft regulations aimed at tightening...

U.S. Treasury Drafts Regulations for Crypto Asset Reporting

The U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), has released a set of draft regulations targeting the reporting...

The benefits of increasing digital payments

Digital payments are becoming increasingly popular all over the world. In 2022, the global digital payments market was valued at over $7 trillion and...

Crypto Assets Regulation In India: Need International Collaboration, Says MoS Finance – OrissaPOST – CryptoInfoNet

New Delhi: Minister of State for Finance Pankaj Chaudhary Monday underlined the need for international collaboration to prevent regulatory arbitrage with regard to crypto...

Need For International Collaboration On Crypto Assets Regulation: MoS Finance – CryptoInfoNet

Minister of State for Finance Pankaj Chaudhary on Monday underlined the need for international collaboration to prevent regulatory arbitrage with regard to crypto assets.Crypto...

DOF Secretary Diokno Backs Online Seller Tax for ‘Fairness’ | BitPinas

Share some Bitpinas love:DOF Secretary Benjamin Diokno defends the 1% creditable withholding tax plan for online platform partner-merchants, citing fairness and simplicity as key...

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government

The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on...

The impact of a cashless society on our economy

A cashless society is one in which most or all transactions are conducted electronically, with little or no use of physical cash. This trend...

Valuable Insights from The Gambia Government’s Asset Recycling Agreement with AFRICA50

Introduction: The Gambia government embraced the Asset Recycling (AR) scheme of Africa50, an infrastructural investment platform established by 33 African governments, the Africa Development Bank,...

How Legalizing iGaming In India Will Help Government Collect More GST Tax

Gambling is popular worldwide. It is also one of the most lucrative industries in the world. Gambling was worth over 200 billion by the...

New Worldwide Tax Standard Includes Cryptocurrencies and CBDCs – Decrypt

The crypto industry is getting its very own tax framework.The Organization for Economic Cooperation and Development (OECD) has rolled out a new tax standard...

How Adverse Weather Events, Crypto Slump Accelerated US Debt Ceiling Deadline – CryptoCurrencyWire

Without legislation lifting the debt ceiling, the U.S. government may soon be unable to pay its debts. But for some unexpected reasons, the “X-date”...

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