Crypto exchanges in the United Kingdom are subject to a 2% tax, which is not exempt because the country does not recognize digital assets

Following an amendment to the laws for Her Majesty’s Revenue and Customers, crypto exchanges in the…

Crypto exchanges in the UK set to pay digital services tax 1

TL; DR Breakdown Crypto exchanges in the UK will pay digital services tax Exchanges will pay…

Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law

The United Kingdom’s tax-collecting Her Majesty’s Revenue and Customs (HMRC) has said that crypto platforms will…

UK digital services tax targets crypto exchanges

A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services…

UK’s HMRC to levy 2% tax on crypto-platforms as they don’t qualify for exemptions

The unprecedented appreciation in cryptocurrency gains over the past year has taken the world by storm.…

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions – Coinotizia

The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by…

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions – Fintech Bitcoin News

The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by…

Do You Have to Pay Capital Gains Tax on a Home Sale?

2022 Long-term Capital Gains Rates Filing Status 0% Tax Rate 15% Tax Rate 20% Tax Rate…

Crypto Exchanges Facing “Digital Tax” Blow in U.K.

Alex Dovbnya Cryptocurrencies are neither currencies nor commodities, according to Her Majesty’s Revenue and Customs Cryptocurrency…

Moves to Make Now to Cut This Year’s Tax Bill

We live in an age that confounds planning. No matter how organized you are, travel, family…

How Tax Credits and Government Subsidies Have Aided the Electric-Vehicle Market

Electric vehicles are getting a lot of attention now. Car companies are quickly refashioning their lineups…

Opinion: Is NIIT the same as the ‘millionaire tax’?

Q.: You mentioned in a column that there is a 3.8% “Net Investment Income Tax.” Is…

What to Know About Tax Rules for Cryptocurrencies

Investors in cryptocurrencies may be sitting on big profits. Bitcoin and Ethereum, the two largest cryptos,…

Here’s how to get a jump-start on the upcoming tax season

After last year’s pandemic-related restrictions, many Americans are ready to embrace the holidays. But people should…

Australian Tax Office says it can’t rely on crypto users’ own records

The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of…

South Korea Financial Regulator May Impose Tax On NFTs

Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea’s Financial Authority recently…

In South Korea, mixed messages about cryptocurrency tax policies are causing uncertainty

The government’s waffling on the crypto tax, which is due to take effect in 2022, has…

Tax Hikes Headed Your Way: Not Just For The Rich

Hefty tax increases are the price for President Biden’s spending in the Build Back Better (BBB)…

Mixed messages on crypto tax rules create confusion in South Korea

South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal…

Russian FTS is surveils crypto market to halt tax evasion

Crypto market has gained mainstream attention from investors globally. As the industry got mainstream, regulators and…

Russian Authorities Are Concerned About Cryptos as Means for Tax Evasion

Daniil Egorov, head of the Russian Federal Taxation Service (FTS), is concerned that cryptocurrencies could be…

Crypto Could ‘Erode Tax Base’ Fears Russian Tax Service

The head of Russia’s Federal Tax Service Daniil Egorov said crypto and privacy-focused digital assets could…

Crypto can erode tax base, Russia’s tax boss says

The Russian Federal Taxation Service (FTS) is actively monitoring the cryptocurrency market to prevent tax evasion,…

Argentina introduces a crypto tax regime on back of El Salvador’s Bitcoin story

Countries around the world are now waking up to how the crypto space could play a…

4 year-end moves to slash your cryptocurrency tax bill

Financial backers might consider utilizing the wash deal proviso, taking increases in a lower-charge year, among…

Crypto tax debate reaches a new avenue in Argentina

Crypto tax called for in Argentine with ‘check tax’ bracket for investors  Banking debits and credits…

EV tax credits in Biden’s Build Back Better Act will help sell more cars than new chargers

President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly…

A Popular Tax Trick for Savers, the Mega ‘Back Door’ Roth IRA, Is Eliminated in House Bill

Americans would no longer be able to use some popular strategies to move money into tax-free…

Senator assures there will be clarity in US Infra bill’s tax reporting requirements

The $1 trillion US Infrastructure Bill has sent waves of panic through the crypto community. Stakeholders…

What’s In Democrats’ $1.8 Trillion Plan? Free Preschool, Child Tax Credit Expansion, $1.5 Trillion In New Taxes And More

Topline The House on Friday passed one of the largest social spending proposals in history to…