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tax

Slovenia financial regulator calls for 10% tax on digital currency income
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5 September, 2021

Slovenia financial regulator calls for 10% tax on digital currency income

The Financial Administration of the Republic of Slovenia said it was considering the introduction of the charge on digital asset...
US Treasury seeking stricter digital currency reporting rules in $3.5T budget framework
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3 September, 2021

US Treasury seeking stricter digital currency reporting rules in $3.5T budget framework

The U.S. Treasury pushed for strict reporting rules for digital currency holders in its $1 trillion Infrastructure Bill and is...
Iranian tax agency calls for legal digital currency exchanges
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16 August, 2021

Iranian tax agency calls for legal digital currency exchanges

The Iranian National Tax Administration put forward proposals for a new legal regime for digital currency trading, following a recent...
Meltdown as Biden infrastructure bill causes panic in digital currency sector
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10 August, 2021

Meltdown as Biden infrastructure bill causes panic in digital currency sector

The digital currency industry experienced somewhat of a meltdown over the course of the last few days due to a...
White House: US digital currency tax enforcement will pay for new infrastructure
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4 August, 2021

White House: US digital currency tax enforcement will pay for new infrastructure

Enforcement of the digital currency tax in the United States will help pay for infrastructure under a new bipartisan deal,...
Israel new draft bill seeks reporting for digital currency holdings above $61K
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2 August, 2021

Israel new draft bill seeks reporting for digital currency holdings above $61K

The bill is seeking to increase the amount of tax the Israeli government collects from the industry, but several leaders...
South Korea to seize digital currencies from tax dodgers in proposed law
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28 July, 2021

South Korea to seize digital currencies from tax dodgers in proposed law

To help share the burden of taking care of its aging population, the South Korean government has been hiking taxes...
Kazakhstan block reward miners face new energy costs in 2022
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6 July, 2021

Kazakhstan block reward miners face new energy costs in 2022

President of the Republic of Kazakhstan Kassym-Jomart Tokayev signed the law that will introduce a new tax levy on block...
South Korea seizes $47M from alleged digital currency tax evaders
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29 June, 2021

South Korea seizes $47M from alleged digital currency tax evaders

Authorities in South Korea have seized KRW53 billion ($47 million) from digital currency holders who have been accused of evading...
Indian traders could face additional 2% tax for trading in overseas exchanges
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24 June, 2021

Indian traders could face additional 2% tax for trading in overseas exchanges

The Indian government charges a 2% tax, known as the equalization levy, to online entities servicing Indians but which are...
Closing the tax gap through digital asset issuers
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14 June, 2021

Closing the tax gap through digital asset issuers

In his latest piece, Johnny Jaswal offers strategies on closing the tax gap via digital assets—with a focus on digital...
The CoinGeek Pulse Episode 47: Tax on digital currency profits, Southeast Asia updates, and the 7th CoinGeek Conference in Zurich
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4 June, 2021

The CoinGeek Pulse Episode 47: Tax on digital currency profits, Southeast Asia updates, and the 7th CoinGeek Conference in Zurich

There’s no stopping government bodies from going after digital currency traders and their earnings.