taxes | ForkLog

ForkLog 55 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 32 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 58 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 30 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 29 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 33 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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ForkLog 22 13.04.2025

NFT Trader Faces Up to Six Years in Prison for Tax Evasion

An American citizen has admitted to two counts of filing false tax returns, concealing approximately $13 million in profits from NFT transactions involving the CryptoPunks collection. This was reported in a press release from the U.S. Attorney’s Office for the Middle District of Pennsylvania. According to authorities, Waylon Wilcox submitted incorrect data in his tax […]

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ForkLog 26 09.04.2025

Ukraine Proposes 18% Tax on Bitcoin Transactions

The NSSMC of Ukraine has published a detailed taxation matrix for virtual assets. The recommendations draw on international experience and are adapted to Ukrainian legislation. April 9, 2025 | 19:18Update: The head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Daniil Hetmantsev, described the NSSMC’s published cryptocurrency taxation matrix in Ukraine as […]

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ForkLog 35 03.04.2025

Ukraine’s Officials and Their Favoured Cryptocurrencies

In 2024, Ukrainian officials submitted 2113 declarations mentioning crypto assets. The most popular coins among civil servants were USDT, Bitcoin, and Ethereum, according to data from the public registry monitoring service Opendatabot. The number of declarations featuring digital currencies increased by 10% over the year. Data: Opendatabot. Members of law enforcement agencies are the most […]

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ForkLog 16 27.03.2025

US Senate Backs Repeal of Data Collection Mandates for DeFi Platforms

The US Senate voted to repeal a cryptocurrency taxation rule that required DeFi platforms to collect and provide user data. A resolution introduced by Congressman Mike Carey and Senator Ted Cruz concerning the IRS regulation on “gross income reporting by brokers regularly providing services for the sale of digital assets” was endorsed by the House […]

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ForkLog 51 17.03.2025

Marla Maples Defends ‘Bitcoin Jesus’ Roger Ver

Marla Maples, the former wife of U.S. President Donald Trump, has called for the cessation of criminal proceedings against Bitcoin.com founder Roger Ver. Sharing more re the call to dismiss the prosecution against Roger Ver @PamBondi @elonmusk @realDonaldTrump @Davewarrington https://t.co/BckQwEXBW6 — marla maples (@itsmarlamaples) March 16, 2025 She retweeted a video titled “Who is Roger […]

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ForkLog 26 14.03.2025

Ukraine Unveils Cryptocurrency Taxation Framework

The National Securities and Stock Market Commission of Ukraine (NSSMC) has proposed a model for cryptocurrency taxation. This was announced by the head of the regulator, Ruslan Magomedov. The initiative was presented at a meeting of the Verkhovna Rada Committee’s working group. The framework outlines the taxation process for digital assets across three key areas: […]

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