Tax

News about Taxation in Crypto Market

Israel’s hot pursuit

Israel’s hot pursuit

The Israel Tax Authority (ITA) has taken strong measures to curb unreported gains made…

Japan’s new reporting system to reduce  crypto tax evasion

Japan’s new reporting system to reduce  crypto tax evasion

Japan is to introduce a new system that will report significant profits from crypto-based…

Thailand VAT payments tracking on the blockchain

Thailand: VAT payments tracking on the blockchain

The Revenue Department in Thailand is trailing blockchain to track the value-added tax (VAT) payments. The…

South Korea to tax Crypto and ICOs

South Korea to tax Crypto and ICOs

Minister of Economy and Finance of  Korea Mr.Hong Nam-ki revealed the plan to the…

Ohio to Accept Crypto for Business Tax Payments

Ohio to Accept Crypto for Business Tax Payments

Ohio might be the first US states to accept bitcoin for business tax payment purposes. A…

15,000 Crypto Taxpayers to be inspected by Finance Ministry of Spain

15,000 Crypto Taxpayers to be inspected by Finance Ministry of Spain

A local press has reported that approximately 15,000 cryptocurrency holders and taxpayers in Spain will be…

Alert Published by Tax Regulator on Bitcoin ATM Fraud

Alert Published by Tax Regulator on Bitcoin ATM Fraud

Due to the increasing number of bitcoin ATM fraud cases, the Australian Taxation Office (ATO) has…

France to Reduce Crypto Tax by 6%

France to Reduce Crypto Tax by 6%

The French government has revealed to reduce the cryptocurrency burden by 6% next year subject to…

Thailand to Adopt Blockchain in Combating Tax Evasion

Thailand to Adopt Blockchain in Combating Tax Evasion

As an effort in combating the tax evasion in the country, the chief of Thailand’s Revenue…

Brazilians get draft crypto tax rules

Brazilians get draft crypto tax rules

The Department of Federal Revenue of Brazil (RFB) has asked the cryptocurrency exchanges operating in the…