taxes | ForkLog

ForkLog 10 26.07.2022

US Senate Proposes Exemption for Crypto Transactions Up to $50 From Capital Gains Tax

The bill would exempt crypto transactions up to $50 in value from capital gains tax.

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ForkLog 12 21.07.2022

South Korea delays tax on bitcoin traders

The government of South Korea announced a two-year postponement of the implementation of digital asset taxation, according to Digital Today.

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ForkLog 11 11.07.2022

Kazakhstan’s president signs law setting mining tax rates

The president of Kazakhstan, Kassym-Jomart Tokayev, signed a law providing for differentiated tax rates on mining.

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ForkLog 10 05.07.2022

UK to examine taxation of crypto lending and DeFi staking

The UK authorities have invited the public to discuss the possibility of taxing staking and crypto lending within the context of decentralised finance.

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ForkLog 29 04.07.2022

Journalists Uncover Link Between 3AC and Offshore Trading Desk

The bankruptcy-stage hedge fund 3AC continues active trading through its lesser-known Tai Ping Shan Capital service.

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ForkLog 8 04.07.2022

Trading volumes on India’s crypto exchanges fell after a tighter tax regime for traders

On July 1, trading volumes on India's leading bitcoin exchanges fell sharply, according to Nomics. The reason was the introduction of a 30% tax on profits from cryptocurrency transactions and a 1% levy under the TDS.

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ForkLog 31 27.06.2022

Albania to tax cryptocurrency income

Albanian authorities intend to introduce taxation on income from cryptocurrency investments from 2023.

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ForkLog 9 13.06.2022

Coin Center sues U.S. Treasury and IRS

Coin Center filed a lawsuit against the U.S. Treasury and the Internal Revenue Service over an unconstitutional tax-reporting requirement for cryptocurrency holders.

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ForkLog 9 06.06.2022

Gold Coast mayor hints at accepting cryptocurrency for tax payments

The mayor of Gold Coast (Australia), Tom Tate, did not rule out that residents could pay taxes in digital assets in the future. This was reported by ABC News.

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ForkLog 8 27.05.2022

Thailand extends VAT exemption for cryptocurrency transfers through the end of 2023

The Thai government has exempted transfers of digital assets involving licensed cryptocurrency exchanges from value-added tax. The rule will be in effect through the end of 2023, according to the Bangkok Post.

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ForkLog 15 25.05.2022

Kazakhstan backs new tax rates for miners in first reading

Kazakhstan's Majilis deputies (the lower house of parliament) backed in a first reading a bill to amend the Tax Code affecting mining taxation.

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ForkLog 7 16.05.2022

Australia to tighten tax collection from crypto investors

The Australian Taxation Office (ATO) has included cryptocurrencies and NFTs in its 2022 priority list.

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