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Tag: tax rules

Bappebti Urged Indonesia To Reconsider Changes In Crypto Taxation Amid Industry Concerns

Bappebti urged Indonesia’s Finance Minister to reconsider its crypto taxation rates ahead of a regulatory shift to OJK in 2025. Concerns over existing taxes, linked...

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What kind of crypto regulation awaits us in 2025?

At present, cryptocurrencies are becoming increasingly popular, and many people are starting to use them for investing and purchasing goods and services. The growing...

IRS says controversial $10k reporting rule doesn’t currently apply to crypto

Two U.S. agencies announced on Jan. 16 that controversial transaction reporting rules do not apply to digital assets (ie. cryptocurrency).The Internal Revenue Service (IRS)...

The Gift that Keeps Giving: How to Gift Crypto to Family and Friends

Giving gifts to friends and family is a cherished holiday tradition that includes sharing any wealth we’ve accumulated over the past year (sorry, Scrooge)....

Crypto Jobs Plunged +80% to a Near Death in 2023

Crypto jobs dropped by 84% in the U.S. and 92% in Germany, LinkedIn data show.Crypto-related jobs plunged this year as a volatile market and...

Vista Outdoor Rejects Unsolicited Proposal from Colt CZ

ANOKA, Minn.–(BUSINESS WIRE)–$VSTO #bettertogether–Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial...

From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion

According to RBI Remittance Survey 2021, India’s 30% expat population in the United Arab Emirates (UAE) account for 18% of the US$110 billion global...

What is an Expense Receipt?

The whole reimbursement thing can be a headache for employees and companies. When employees fork out their own cash for stuff like travel or...

Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules

Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing...

Crypto Taxation Misses the Mark: India Loses $420 Million in Potential Revenue Due to 1% TDS

The Indian government has lost $420 million in what could have been a substantial revenue stream as a result of its taxation, forcing...

EBA proposes new liquidity guidelines for stablecoin issuers

The European Banking Authority (EBA) published three consultation papers Wednesday on the proposed liquidity requirements of the reserve assets held by stablecoin issuers.See related...

Microsoft Owes $29B in Back Taxes to IRS – Will Other Tech Companies Have to Pay Too?

Microsoft Corporation presently owes the Internal Revenue Service (IRS) a whopping $29 billion in overdue taxes. This massive tax bill raises concerns not only about Microsoft's financial...

EU adopts new crypto tax rules, mandate data sharing from crypto firms

The European Union adopted a new law that will mandate cryptocurrency firms to share customer holdings, which will be automatically shared between tax authorities,...

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