taxes | ForkLog

ForkLog 10 21.02.2023

NABU head candidate reveals earnings from Bitcoin mining

One of the contenders for the post of NABU director, Vitaliy Vlasyuk, earned a significant portion of his capital from mining cryptocurrencies.

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ForkLog 9 13.02.2023

Brazil’s oldest bank allows tax payments in cryptocurrency

Brazil's national bank Banco do Brasil has integrated the ability to pay taxes using digital assets.

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ForkLog 11 06.02.2023

Binance launches tax calculator for crypto trading

The cryptocurrency exchange Binance has unveiled a free service for calculating taxes and preparing tax reports — Binance Tax.

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ForkLog 12 01.02.2023

Uzbekistan collected more than $310,000 in fees from the Bitcoin industry in 2022

During 2022, five licensed cryptocurrency companies in Uzbekistan paid 3.5 billion soums (over $310,000) to the budget.

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ForkLog 19 27.01.2023

Kazakh Senate approves revised Digital Assets Law.

In Kazakhstan, a new edition of the Law on Digital Assets and four accompanying regulatory acts were approved.

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ForkLog 15 25.01.2023

Duma outlines how miners will be taxed

Taxation of miners in Russia will be carried out in the same way as other businesses and will depend on the form of their registration.

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ForkLog 20 10.01.2023

South Korea’s tax authority opens investigation into Bithumb

South Korea's National Tax Service (NTS) has begun a special investigation into the operators of the cryptocurrency exchange Bithumb, Yonhap reports.

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ForkLog 6 31.12.2022

Italy imposes a 26% tax on crypto profits

The Italian Parliament approved amendments to the 2023 budget, envisaging a 26% capital gains tax on profits from trading digital assets.

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ForkLog 7 16.12.2022

Japan to cut tax on unrealised profits for token issuers

The Tax Committee of the ruling Liberal Democratic Party of Japan approved a loosening of the tax burden on token issuers. Bloomberg reports.

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ForkLog 11 08.12.2022

EU to require crypto firms to report customers’ account data to tax authorities

The European Commission plans to require providers of virtual assets (VASP) to share information about users’ accounts with national tax authorities.

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ForkLog 17 07.12.2022

Kazakhstan approves tax regime for crypto miners

On 7 December, Kazakhstan's Mazhilis approved the draft 'On Digital Assets' and four related regulatory acts governing mining.

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ForkLog 7 06.12.2022

EU plans €2.4bn in taxes on crypto firms

The European Commission's proposal to tax the crypto industry is expected to raise up to €2.4 billion. The Block reports, citing the draft document.

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