Indonesia's Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin's Surge
The country's tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DX3K7DSBRVFSPGLJ5CNYW76JWM.jpg)
Sponsored
Jan 24, 2024 at 9:33 a.m. UTC
Jan 24, 2024
Tax
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/GMPFRKNI3VBV5FLGM5B27GDDHU.jpg)
Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
Indonesian crypto exchanges saw a 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.
Sponsored
Jan 17, 2024 at 9:23 a.m. UTC
Jan 17, 2024
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Y3B4NGQDNNGPDEASFFHGPDZMZY.jpg)
India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
Sponsored
Dec 29, 2023 at 3:49 p.m. UTC
Dec 29, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LUFPBMBULZGDJNSFJJMUP4HF6Y.jpg)
Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code
The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.
Sponsored
Dec 21, 2023 at 6:24 a.m. UTC
Dec 21, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PDDTPCNYCBGR5IC2O4EGBRDJLQ.jpg)
TaxWraps: Unwrap the Financial Gift of Tokenization This Christmas
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market.
Sponsored
Dec 20, 2023 at 4:45 p.m. UTC
Dec 20, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SAMPPNLNHRCWFCUSVIIRC7ZXJY.JPG)
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across more than 100 layer-1 an...
Sponsored
Dec 20, 2023 at 2:00 p.m. UTC
Dec 20, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AQTUOTCFRVCCVFZRTLGSNQWV7Q.jpg)
Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval.
Sponsored
Nov 30, 2023 at 5:18 p.m. UTC
Nov 30, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XVUXRC6WUFA3XGMDGAJ6DQNAOA.jpg)
UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.
Sponsored
Nov 30, 2023 at 4:46 p.m. UTC
Nov 30, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VWXDBNAHXVBNNFJOMBYKOPMLUE.jpg)
UK to Hit Crypto Users With Penalties for Unpaid Taxes
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.
Sponsored
Nov 29, 2023 at 10:46 a.m. UTC
Nov 29, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MHHOWSKESRHODLPYVEJDWMAJOI.jpg)
1 Way to Revive Dead NFT Wallets
Artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits.
Sponsored
Nov 22, 2023 at 4:02 p.m. UTC
Nov 22, 2023