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Tax
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
The 1% tax deducted at source for virtual digital assets kicks in on July 1.
Portuguese Congress Rejects Two Bills Seeking to Tax Crypto
The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far.
ZenLedger Raises $15M to Expand Crypto Tax Products
The funding comes on the heels of ZenLedger’s “best tax season ever.”
Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules
The OECD is trying to introduce new rules to stop crypto from being used to stash assets out of sight of the taxman.
How Do You Tax an NFT?
Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift.
Portugal Makes U-Turn on Cryptocurrency Tax
Reversing its previous hands-off stance, the nation will impose taxes on the exchange and sale of cryptocurrencies.
Australian Tax Office Warns Crypto Investors on Capital Gains Obligations
The rate of capital gains tax on digital assets in Australia is determined by an investor's income tax rate.
Germany Publishes First Nationwide Tax Guide for Crypto
The finance ministry's letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops.
EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as landmark MiCA legislation reaches its final stages.
