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Taxation

EU seeks to simplify digital asset tax rules and streamline collection
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6 October, 2022

EU seeks to simplify digital asset tax rules and streamline collection

The European resolution calls for a "clear and broadly accepted definition of crypto assets and for a coherent definition of...
IRS hunts digital currency tax cheats with M.Y. Safra bank summons
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26 September, 2022

IRS hunts digital currency tax cheats with M.Y. Safra bank summons

The summons, often referred to as a "John Doe" summons, seeks information on customers of SFOX who may not have...
Australia’s Treasury excludes digital currencies from foreign currency taxation, seeks public opinion
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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...
Japan weighing tax reforms to lure digital asset startups
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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...
Colombia eyes central bank digital currency adoption to fight tax evasion
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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...