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Taxation

Spain to send more than 300,000 tax notices to digital asset holders
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14 April, 2023

Spain to send more than 300,000 tax notices to digital asset holders

Spain’s taxman has increased the notices by 40% from last year’s tally as it ramps up its Bitcoin tax scrutiny,...
ASIC-maker Bitmain fined $3.6 million in China over tax violations
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13 April, 2023

ASIC-maker Bitmain fined $3.6 million in China over tax violations

Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the...
Bitcoin profits are taxable, Denmark Supreme Court rules
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3 April, 2023

Bitcoin profits are taxable, Denmark Supreme Court rules

Two rulings by the Supreme Court of Denmark have come to the same conclusion: that the profits of bitcoin sales...
IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable
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23 March, 2023

IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable

Under the proposed guidance, NFTs are covered by the tax law if they have been identified as a "collectible," which...
UK adds digital asset tab in tax declaration forms
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20 March, 2023

UK adds digital asset tab in tax declaration forms

Chancellor of the Exchequer Jeremy Hunt revealed while reading the budget that digital assets will now be identified separately in...