Category: Taxation

Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli…

Japanese Government to Prevent Crypto Tax Evasion With New Reporting System, Sources Say

Japan’s government is seeking ways to prevent tax evasion on significant profits from cryptocurrency transactions, daily Japanese newspaper Mainichi Shimbun…

Korean Incoming Minister Confirms Cryptocurrency Taxation Plans

South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings.…

Poles to Pay 19% Tax on Income From Cryptocurrency Transactions

The government of Poland recently submitted amended income tax regulations for approval by President Andrzej Duda. The updated framework, which…

Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine

A draft bill introducing tax breaks for entrepreneurs and companies dealing with cryptocurrencies has been filed in Ukraine’s parliament, the…

Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references…

European Banks Facilitated Large Crypto-Fiat Deals, Probe Finds

Several financial institutions in Europe, like Danske Bank and Swedbank, have been mentioned in a Lithuanian report investigating large-scale crypto-fiat…

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