The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state o...
Tag: Exemptions
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out – Coinotizia
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposa...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out – Regulation Bitcoin News
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposa...
‘God Mode’: SBF’s Alameda Had ‘Secret Exemptions’ on FTX, New CEO Alleges
In brief Alameda Research allegedly had “secret exemptions” from liquidation protocols on FTX, new FTX CEO John J. Ray III alleges. FTX and Alameda—both founded by Sam Bankman-Fried—filed for Chapter ...
Trust Tax Rates and Exemptions That Could Save You Big Time
Trust Tax Rates A trust is a legal entity that holds money and assets for future distribution or management. For example, you might create a trust for your children’s college education, putting money ...
Russia approves tax exemptions for issuers of cryptocurrency
The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT). Sanctions are hurting “unfriendly nations” more ...
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax. On Monday, Georgia Representatives Don Parsons, Todd Jo...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions – Taxes Bitcoin News
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indica...
Judge Rules In Favor Of Navy SEALs Seeking Religious Exemptions From Covid Vaccine
Topline A federal judge in Texas on Monday ruled in favor of 35 U.S. Navy SEALs who sued the Biden Administration over the military’s Covid-19 vaccine mandate, marking the first major successful chall...
Opinion: Don’t have $13 million? The lifetime estate- and gift-tax exemptions for 2023 still matter to you.
The wealthiest families in the U.S. will get a bit of inflation-adjusted relief from the IRS in 2023, with the lifetime estate-tax exemption increasing to $12.9 million for individuals, up from $12.06...