taxes | ForkLog

ForkLog 30 07.04.2021

Ukrainian officials disclosed more than 46,351 BTC

In their 2020 declarations, Ukrainian officials reported a total of 46,351 BTC. This is evidenced by data from the public registry data monitoring service Opendatabot.

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ForkLog 25 06.04.2021

Ukrainian MPs declare cryptocurrency holdings worth billions of hryvnias

A number of Verkhovna Rada deputies disclosed crypto holdings in their 2020 declarations.

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ForkLog 14 06.04.2021

Russia’s tax authority keeps reporting requirements for cryptocurrency holders

The draft law introducing a tax on cryptocurrency transactions in Russia has not undergone significant changes ahead of the second reading and provides for an obligation for citizens to inform the Federal Tax Service about holdings of digital assets.

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ForkLog 12 05.04.2021

Hong Kong seizes 300 smuggled Nvidia CMP HX mining GPUs

Hong Kong's Customs and Excise Department detained a fishing dhow carrying 300 Nvidia CMP HX mining GPUs.

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ForkLog 21 01.04.2021

Verkhovna Rada deputy’s cryptocurrency sales income more than doubles her salary

The leader of the Ukrainian party Holos, member of the Verkhovna Rada Kira Rudyk, in 2020 received from the sale of cryptocurrencies 966,181 hryvnias (over $34,000 at the rate at the time of writing), according to her declaration.

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ForkLog 7 31.03.2021

UK tax authority publishes new guidance for cryptocurrency holders

The UK tax authority, HMRC, published updated guidance on cryptocurrency operations.

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ForkLog 15 30.03.2021

India Justifies Taxes on Cryptocurrency Holders

India's Finance and Corporate Affairs Minister Anurag Singh Thakur said there is a need to introduce income tax on cryptocurrency holders.

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ForkLog 12 25.03.2021

Canada’s tax authority gains access to Coinsquare customer data

The Canada Revenue Agency (CRA) gained access to Coinsquare's user data, according to a court order dated March 19, 2021.

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ForkLog 16 25.03.2021

Should NFT trades be taxed? A comparison of the United States, Russia and Ukraine

NFT fever continues to gain momentum. Celebrities are selling as NFTs a wide range of items—from music and photographs to quotes and tweets, famous outlets auction covers, and one of the world's oldest auction houses Sotheby’s speaks of the technology's potential and announces NFT auctions.

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ForkLog 9 24.03.2021

Russian customs in Krasnodar halt illicit mining-equipment imports from Abkhazia

Russian customs officers in Krasnodar halted illicit import of cryptocurrency mining equipment from Abkhazia.

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ForkLog 5 17.03.2021

Saint Petersburg Assembly Chief: Bitcoin is not a ‘people’s currency’

The chairman of the Saint Petersburg Legislative Assembly, Vyacheslav Makarov, said he has never owned bitcoins and believes that cryptocurrency is not a 'people's currency', Fontanka reports.

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ForkLog 19 15.03.2021

Duma deputy signals possible change to cryptocurrency declaration threshold

The annual turnover threshold from cryptocurrency operations, at which owners would be required to report to tax authorities about the possession of digital currencies, may be revised. This was written in his Telegram channel by Anton Gorelkin, a member of the State Duma Committee on Information Policy.

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