Lawyers of Jimmy Fallon, star of NBC’s long-running comedy and variety series The Tonight Show, have filed a petition to “quash” a subpoena requiring him to testify in the Yuga Labs Inc. v...
Tag: exemption
UK Enforces Crypto Tax Exemption for Foreign Investors
In its latest effort to become a global cryptocurrency hub, the United Kingdom has introduced a tax exemption for non-residents and foreign investors. The exemption applies when users purchase digital...
United Kingdom implements crypto tax exemption for foreign investors
The UK has extended a crypto tax break for foreign investors who buy crypto using local brokers. The move is in line with PM Sunak’s vision to turn the UK into a crypto hub. Crypto investors from aro...
UK tax regulator welcomes crypto service providers with new tax exemption
United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Maje...
UK includes crypto investments under the Investment Manager Exemption
The transactions of “designated crypto assets” entered into from the tax year 2022 to 2023 onwards will be qualified for the Investment Manager Exemption in the United Kingdom. Certain legislation was...
Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says
Alameda Research, the crypto hedge fund at the center of Sam Bankman-Fried’s and FTX’s downfall, had a “secret exemption” from the crypto exchange’s liquidation procedures, according to bankruptcy fil...
BlockFi brings back high-yield product thanks to SEC exemption
BlockFi is bringing back its popular high yield crypto savings account almost nine months after the SEC fined the fintech, thanks to a loophole. And this time it will only target America’s wealt...
Costa Rica Considers Tax Exemption for Bitcoin Transactions
Costa Rican lawmakers are working to make the country a Bitcoin-friendly nation and have proposed to significantly lower taxes on cryptocurrencies. Costa Rican lawmaker Johana Obando this week present...
TSMC Reports Record Profit, Gains Exemption From U.S. Chip Curbs on China
Taiwan Semiconductor Manufacturing Co. said that its third-quarter net profit rose 80% to a new record, and that it had been granted a one-year exemption from new U.S. restrictions on China’s chip sec...
Alibaba Partners With Tik Tok, EV Sales Tax Exemption is Extended, Short Turnover Analysis, Week in Review
China Last Night KraneShares Week in Review Asian equities traded largely lower this week on currency weakness, slowing GDP growth, and short selling in Hong Kong. On Monday, the People’s Bank of Chin...
US Lawmakers’ new Legislation—Seeking Tax Exemption on Small Crypto Transaction
Crypto industry supporters have always asked for concessions from taxes on small crypto transactions. United States Senators asking for regulations of crypto transactions. Before you dive into a...
U.S. Senators Propose Tax Exemption on Small Crypto Transactions
Lawmakers from both the Democratic and Republican parties have today introduced a crypto tax bill to U.S. Senate that would exempt transactions under $50 or less. Senators Pat Toomey and Kyrsten Sinem...
With $185M Settlement Between MLB And Minor Leaguers, League Continues Battle To Save Antitrust Exemption
Major League Baseball settled a class action lawsuit with former minor league players over pay, and … [+] with it the practice of settling cases before the league’s antitrust exemption cou...
EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem
China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...
Major League Baseball’s Antitrust Exemption Once Again Faces Scrutiny On Capitol Hill
Then baseball commissioner Bud Selig (l.) and former Minnesota Gov. Jesse Ventura prior to the start … [+] of a 2001 House Judiciary Committee hearing on MLB’s antitrust exemption. CQ-Roll...
Russian Lawmakers Approve Tax Exemption Proposal for Digital Asset Issuers
A few days after Russian authorities presented a bill seeking to govern the illegal issuance of crypto if approved, the country’s policymakers have signed a proposed law to exempt token issuance from ...
SEC’s Reign Might End If Senate Bill Passes, May Allow $200 Tax Exemption
CFTC is becoming a strong contender for SEC to replace the regulatory authority as the major crypto regulator. There is a possibility that this bill might offer a tax exemption for capital gains under...
Senate Bill Would End SEC’s Oversight of Most Crypto, Create $200 Tax Exemption
The Security and Exchange Commission would lose its authority to regulate a broad swath of the crypto market, including the 200 most valuable cryptocurrencies, under a bipartisan bill unveiled on Tues...
Senators are proposing a tax exemption for capital gains on cryptocurrencies for upcoming new legislation – should users be worried?
Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) are proposing a tax exemption for capital gains on cryptocurrencies up to a specific amount as part of upcoming legislation to regulate cry...
Bill advancing de minimis tax exemption for crypto transactions returns to Congress
advertisement On February 3, Suzan Delbene (D-WA) and David Schweikert (R-AZ) re-introduced the Virtual Currency Tax Fairness Act. The bill would free cryptocurrency users of the need to report capit...
India to Tax Crypto Gains at 30%, No Exemption Is Allowed
The Indian government has specified its taxation rule for cryptocurrencies. It will impose 30 percent taxation on the transfer of virtual assets from the financial year 2022-2023, Finance Minster Nirm...
Novak Djokovic’s vaccine exemption entry into Australia delayed
Novak Djokovic’s entry into Australia on a vaccine exemption has been delayed due to issues with the visa he and his team submitted. Having landed in Melbourne, the 20-time grand slam winner was...
Djokovic Didn’t Get ‘Special Treatment’ For Covid Vaccine Exemption, Australian Open Director Says
Topline Novak Djokovic, the world No. 1 in men’s tennis, was not given “special treatment” when he successfully applied for a medical exemption to the Australian Open’s Covid-19 vaccine requirement, b...