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Tax

(Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
(Jesse Hamilton/CoinDesk)
By Amitoj Singh
Jul 12, 2023 at 8:50 a.m. UTC
Jul 12, 2023
RegulationsIRSCryptoTaxSenateCongressUS
Slovakian lawmakers voted on crypto tax-cutting (Leonhard Niederwimmer/Pixabay
Policy
Regulations
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.
Slovakian lawmakers voted on crypto tax-cutting (Leonhard Niederwimmer/Pixabay
By Jack Schickler
Jun 29, 2023 at 12:18 p.m. UTC
Jun 29, 2023
RegulationsEUTaxSlovakia
(Shutterstock)
Policy
Regulations
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
Token issuers in the country were taxed for unrealized gains from holding on their own tokens.
(Shutterstock)
By Amitoj Singh
Jun 26, 2023 at 9:57 a.m. UTC
Jun 26, 2023
RegulationsJapanCryptoTokenscryptocurrenciesTax
Indian politicians and policy makers at a crypto event by CoinDCX and Bharat Web3
Policy
Regulations
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
CoinDCX, CoinSwitch, WazirX and other Indian firms CoinDesk spoke to think they'll survive the ongoing bear market – here’s how.
Indian politicians and policy makers at a crypto event by CoinDCX and Bharat Web3
By Amitoj Singh
May 29, 2023 at 2:00 a.m. UTC
May 29, 2023
RegulationsIndiaCryptoTaxFinance Ministry
The EU is set to agree new crypto tax laws (Ralph/Pixabay)
Policy
Regulations
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
The EU is set to agree new crypto tax laws (Ralph/Pixabay)
By Jack Schickler
May 12, 2023 at 12:32 p.m. UTC
May 12, 2023
RegulationsEUTaxOECD
The European Commission headquarters in Brussels (Jack Schickler/CoinDesk)
Policy
Regulations
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.
The European Commission headquarters in Brussels (Jack Schickler/CoinDesk)
By Jack Schickler
May 10, 2023 at 1:04 p.m. UTC
May 10, 2023
RegulationsTaxEUTax EvasionOECD
Nairobi (Amani Nation/Unsplash)
Policy
Regulations
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.
Nairobi (Amani Nation/Unsplash)
By Amitoj Singh
May 5, 2023 at 12:20 a.m. UTC
May 5, 2023
RegulationsKenyaFinanceTreasuryAfricaTaxCrypto
Mining rig (Getty Images)
Policy
Regulations
White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy co...
Mining rig (Getty Images)
By Jesse Hamilton
May 2, 2023 at 9:58 p.m. UTC
May 2, 2023
RegulationsCrypto MiningWhite HouseTaxCongressUS
(Unsplash)
Policy
Analysis
UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.
(Unsplash)
By Camomile Shumba
May 2, 2023 at 10:47 a.m. UTC
May 2, 2023
AnalysisTaxUKDeFiRegulation
Julie Foerster, Project Director at the IRS (Shutterstock/CoinDesk)
Finance
Us
IRS Hopes to Have New Crypto Operating Plan in '12-ish' Months, Official Says
Julie Foerster, the agency's point person for cryptocurrency taxation, also stressed a need for working with the community at Consensus 2023.
Julie Foerster, Project Director at the IRS (Shutterstock/CoinDesk)
By Glenn Williams
Apr 28, 2023 at 9:18 p.m. UTC
Apr 28, 2023
USIRSTaxCrypto TaxesConsensus 2023