taxes | ForkLog

ForkLog 150 03.09.2025

Ukraine’s Parliament Advances Cryptocurrency Legalisation Bill

The Verkhovna Rada of Ukraine approved in the first reading a bill defining the status and taxation of cryptocurrencies in the country.

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ForkLog 48 18.08.2025

South Korea Seizes Crypto Assets of Tax Delinquents

Tax authorities in Jeju City, South Korea, have initiated the seizure and confiscation of cryptocurrencies from tax delinquents, according to local media. The total value of the frozen assets amounted to 230 million won (approximately $165,953 at the time of writing). The investigation targeted 2,962 citizens with debts exceeding 1 million won (~$721). The total […]

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ForkLog 90 17.07.2025

Roger Ver Appeals to European Court Against US Extradition

Roger Ver, the founder of Bitcoin.com, has filed a lawsuit against Spain in the European Court of Human Rights. He seeks to challenge the decision to extradite him to the United States, where he faces up to 109 years in prison for tax fraud, reports Bloomberg Law.

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ForkLog 13 09.07.2025

UK to Impose Fines for Concealing Crypto Asset Information

Starting January 1, 2026, the UK’s tax authority will begin monitoring information about crypto asset owners for tax calculation and assessment. This is outlined in the updated guidance from the regulator. The agency categorizes crypto assets as: exchange tokens, including Bitcoin; non-fungible tokens (NFTs); utility tokens; stablecoins; tokenized real-world assets. Tax calculations may also apply […]

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ForkLog 59 26.06.2025

Russia Equates P2P Cryptocurrency Transactions with Entrepreneurship: Expert Opinions

The Arbitration Court of the Rostov Region has ruled that P2P cryptocurrency transactions constitute entrepreneurial activity. This was reported by lawyers from the company Nextons. Since 2020, the defendant has been an individual entrepreneur under the simplified taxation system (STS). In the 2022 declaration, he reported an income of 800,000 rubles. However, the Federal Tax […]

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ForkLog 71 17.06.2025

Thailand Abolishes Cryptocurrency Profit Tax

Thailand’s Cabinet has exempted digital asset transactions from income tax for a period of five years, according to Deputy Finance Minister Julapun Amornvivat. [? Full steam ahead! The government is pushing to promote Thailand as the world’s digital asset hub ???] I have good news to share! Today, the Cabinet has approved tax measures to […]

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ForkLog 32 14.05.2025

US Senators Urge Reassessment of Tax on Unrealized Crypto Gains

US Senators Cynthia Lummis and Bernie Moreno have called on the Treasury to exclude unrealized cryptocurrency gains from corporate tax calculations. Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. […]

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ForkLog 11 03.05.2025

Two Key IRS Crypto Tax Architects Depart Over DOGE

Leading digital asset specialists at the U.S. Internal Revenue Service (IRS), Seth Wilks and Raj Mukherjee, are set to leave the agency following an offer of “deferred resignation” from DOGE. This was reported by CoinDesk. According to informed sources, Wilks and Mukherjee will formally remain IRS employees for several more months. However, as of May […]

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ForkLog 21 24.04.2025

Ukrainian Parliament Urged to Consider Cryptocurrency Tax Bill

The draft law “On Virtual Assets” has passed the tax committee and is recommended for consideration in the first reading. This was announced by the head of the committee, Danylo Hetmantsev. General Provisions The draft categorizes all virtual assets (VAs) into three types: tokens tied to assets such as currency or property; electronic money tokens […]

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ForkLog 19 23.04.2025

Inaccuracies Found in Bitcoin Declarations of Ukraine’s Anti-Corruption Bureau

The publication «Українські новини» discovered inaccurate or fake data in 15 out of 23 declarations by employees of the NABU mentioning cryptocurrencies. Journalists suggested that officials might be using this to conceal financial manipulations. Among those mentioned is senior detective Oleksandr Rykovtsev. According to the declaration, in 2016, his wife purchased 12.49 BTC ($1.1 million […]

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ForkLog 10 22.04.2025

Ukrainian Parliament Committee to Review Cryptocurrency Tax Bill

On April 24, the Finance, Tax and Customs Policy Committee of Ukraine’s Verkhovna Rada will review the updated draft law “On Virtual Assets” in its first reading. This was announced by the committee’s head, Danylo Hetmantsev. @getmantsev_danylo Законопроект про віртуальні активи – про регулювання обігу, статус регуляторів, оподаткування. В четвер будемо розглядати на комітеті. Всі […]

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ForkLog 18 18.04.2025

Slovenia Proposes 25% Tax on Cryptocurrency Transactions

Slovenia’s Ministry of Finance is considering the introduction of a 25% tax on profits from cryptocurrency transactions, as reported by official sources. The bill is currently under public discussion, which will conclude on May 5. According to the document, the tax will apply when digital assets are sold for fiat money or used to pay […]

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