taxes | ForkLog

ForkLog 9 01.12.2022

Italy to levy 26% tax on crypto trading gains

Amendments to Italy's 2023 budget proposal envisage a 26% tax on capital gains realized from trading digital assets, according to Bloomberg.

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ForkLog 11 17.11.2022

Ukraine assigns Bitcoin taxation regulation to advisory council under the National Securities and Stock Market Commission

The National Securities and Stock Market Commission of Ukraine has established an advisory council to advance regulation of the virtual assets market (VA).

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ForkLog 6 04.11.2022

IRS reveals hundreds of cryptocurrency cases as investigations widen

The IRS Criminal Investigation Division is developing hundreds of crypto-related cases, according to its head, Jim Li.

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ForkLog 19 12.10.2022

Kazakhstan Approves Crypto Regulation and Mining in First Reading

On October 12, the lower house of Kazakhstan's parliament approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies within the country.

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ForkLog 10 11.10.2022

Portugal budget proposal includes taxation of cryptocurrencies

The Portuguese budget proposal for 2023 envisions a 28% income tax on digital assets held for less than a year. Beyond this period, it is not envisaged.

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ForkLog 14 30.09.2022

Uzbekistan imposes monthly fees on cryptocurrency firms

Uzbekistan's NAPP has required licensed cryptocurrency companies to pay monthly fees into the budget.

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ForkLog 8 23.09.2022

Tax-evading crypto investors in the United States come under IRS scrutiny

The Internal Revenue Service (IRS) will issue invitations to appear before the agency to users who do not file tax returns and do not pay tax on crypto transactions. This will be possible after a court order.

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ForkLog 4 21.09.2022

Colorado Allows Tax Payments in Cryptocurrencies

The Colorado Department of Revenue has allowed residents to make tax payments in cryptocurrencies.

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ForkLog 9 13.09.2022

Russia proposes adding cryptocurrencies to the Civil Code

Russia proposes to legalise cross-border cryptocurrency transactions in 2023, though this would require amendments to the Civil Code.

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ForkLog 10 01.09.2022

Michael Saylor accused of $25 million tax evasion

The District of Columbia (USA) has filed suit against MicroStrategy and its executive chairman Michael Saylor, accusing them of fraud aimed at evading taxes.

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ForkLog 15 26.08.2022

Japan to consider tax relief for crypto startups

The FSA and the Ministry of Economy, Trade and Industry of Japan are considering a proposal for the 2023 tax reform. Among the options is a tax exemption for crypto startups issuing their own tokens from taxes on unrealised gains.

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ForkLog 28 22.08.2022

South Korea to tax staking and airdrops

Tokens received by residents of South Korea as a result of hard forks and airdrops, as well as staking rewards, will be included in the inheritance and gift tax calculation. The Ministry of Strategy and Finance said this, according to local media.

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