11-14-2024 
Taxation
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12 September, 2022
Australia’s Treasury excludes digital currencies from foreign currency taxation, seeks public opinion
Taking notes on the mess that hit El Salvador in 2021, Australia decided against taxing digital assets as foreign currency...
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31 August, 2022
Japan weighing tax reforms to lure digital asset startups
Japanese investors can pay up to 55% in taxes on their digital assets, with firms forced to pay taxes on...
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20 August, 2022
Colombia eyes central bank digital currency adoption to fight tax evasion
Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The...
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13 August, 2022
IRS court filings pursue SFOX to turn in user details for tax auditing
The filings also mention M.Y. Safra Bank, which partnered with SFOX in 2019 to offer its customers cash deposit accounts...
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13 August, 2022
South Africa’s digital assets taxation regime poses challenges to investors, legal expert says
The South African Revenue Service defines digital assets as all items stored on a distributed ledger on decentralized networks, including...
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11 August, 2022
South Korea’s tax agency vows to tighten digital assets tax evasion loopholes
The NTS is also looking into individuals using digital assets to evade inheritance and gift taxes, as well as online...
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10 August, 2022
Japan: Lobby groups launch proposal to reform digital assets tax regime
The lobby groups specifically asked for the practice of taxing unrealized gains to be removed, while a uniform 20% tax...
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3 August, 2022
Philippines finance secretary urges BIR and BoC to embrace digitization
Benjamin Diokno allayed the fears of citizens by stating that there would be no increase in taxes. Rather the agencies...
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26 July, 2022
South Korea halts 20% digital assets gains tax until 2025
The regime was initially slated to come into force by October 2021, but lawmakers delayed the plan until January 2022...
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13 July, 2022
India’s economic crime agency questioning digital asset exchanges: report
The Directorate of Enforcement has been questioning executives at CoinSwitch Kuber, CoinDCX, and WazirX regarding violating foreign exchange regulations.
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13 July, 2022
Taiwan’s XREX digital currency exchange suspends INR trading as India’s TDS law kicks in
According to Business Insider, XREX sent out a notice to users on June 30 directing them to withdraw their INR...
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7 July, 2022
Argentina revenue service recovers over $800M after tax delinquents’ digital wallets seizure
AFIP has seized 1,269 digital asset wallets linked to tax delinquents since February 2021 with the backing of courts around...
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