Tag: tax rules
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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,...
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS...
Senator Warren Grills US Gov’t Over 2-Year Delay On Crypto Tax Rules – CryptoInfoNet
Senator Elizabeth Warren is calling on the US government to reconsider its decision to impose a two-year delay on crypto tax regulations in the...
Cryptocurrency And The Newly Proposed Tax Rules On Digital Assets – CryptoInfoNet
illustration, a visual representation of digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin is displayed on February 16, 2018 in Paris, France....
Taxes on Crypto Loans in Europe: Country by Country (September 2023 UPDATE)
(Last Updated On: September 17, 2023)
Crypto taxes for loans in Europe refer to the taxation regulations and obligations that individuals or businesses must comply...
Half a world away — Gary Gensler’s SEC dominates discussion at Singapore’s Token 2049
He wasn’t there. But Gary Gensler still took center stage at the Token 2049 crypto conference in Singapore Wednesday and Thursday. The head of the...
India’s CoinSwitch crypto exchange fires 44 employees
CoinSwitch, an Indian cryptocurrency exchange backed by Tiger Global and Sequoia Capital, has laid off 44 employees from its customer support team due to...
IRS Sets Sights On Decentralized Exchanges and NFTs With Proposed Tax Rules
DEXs Catering To U.S. Users Could Be Classified As Brokers And Required To Implement KYC ProceduresThe DeFi community is up in arms over new...
Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers
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