The president’s team has already passed one crypto tax-related piece of legislation into law; in 2021, the Bipartisan Infrastructure Framework, which later became the Infrastructure Investment a...
Tag: Tax
The Costs Of Wind Production Tax Credits Provided In The IRA
PALM SPRINGS, CA – DECEMBER 17: An El Nino-influenced storm breaks up over giant windmills on … [+] December 17, 2002 near Palm Springs, California. (Photo by David McNew/Getty Images) Get...
Biden to propose changing crypto tax rules: WSJ
U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget, according to a report from the Wall Street Journal on March 8. That report says that Biden will modify taxes on ...
Biden’s 2024 Budget Will Focus On ‘Billionaires Tax’ And Lowering The Deficit By $3 Trillion: Here’s What To Know
Topline President Joe Biden will propose new taxes on the wealthy in order to lower the federal deficit by $3 trillion when he unveils his 2024 budget plan Thursday — but the proposal is expected to f...
Biden Wants to Close Tax Loopholes and Raise Taxes on Rich People to Protect Medicare
biden medicare When he was running for president, Joe Biden was very clear that he was not Bernie Sanders – he wasn’t a socialist, and he didn’t believe the American economy and poli...
Tax breaks for security tokens in Thailand
While there are doubts in many countries about cryptocurrencies being considered securities, and actual security tokens, Thailand, by contrast, seems to be going against the grain. In fact, as Reuters...
Mixed Signals for Crypto in Thailand Despite Tax Breaks
On Feb. 7, Reuters reported that the Thai Finance Ministry will waive corporate income tax and value-added tax for firms that conduct initial coin offerings (ICOs) for investment. According to governm...
Thailand Woos Crypto Firms With $1 Billion Tax Waiver
Thailand will not charge companies raising capital through Initial Coin Offerings income and value-added tax as it looks for a slice of the Asian-driven bull run predicted by billionaire Cameron Winkl...
Thailand Woos Crypto Firms With $1 Billion Tax Waiver
Thailand will not charge companies raising capital through Initial Coin Offerings income and value-added tax as it looks for a slice of the Asian-driven bull run predicted by billionaire Cameron Winkl...
Thailand Implements Tax Relaxation on Digital Token Companies
The Thai government announced that the crypto companies issuing digital tokens would be excluded from crypto tax. Rachada Dhnadirek pointed out that the companies could use alternate ways to raise cap...
Thailand to offer tax breaks for investment token issuers
The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment. Thailand’s cabinet has agreed to waive corp...
Thailand Offers Tax Breaks for Investment Token Issuers
The Thai cabinet has agreed to offer tax breaks for corporate income and value-added tax for companies issuing digital investment tokens. Reuters reports that Thailand’s cabinet on Tuesday agreed to w...
Just-In: Thailand Waives Tax For Companies Issuing Digital Tokens
Thailand’s government on Tuesday said it will waive corporate income tax and value-added tax for companies issuing digital tokens for investment. This marks another pro-crypto move by Thailand a...
Best Crypto Tax Software 2023
Are you using Cryptocurrencies for trading purposes and worried about paying taxes on your profits? Check out the Best Crypto Tax Software options and compare them to choose the one that fits your nee...
Thailand waives crypto tax for investment tokens: Reuters
Policy • March 7, 2023, 6:30AM EST Thailand’s cabinet has approved tax waivers for crypto companies that offer investment tokens in the country, according to a statement by Finance Minister Arkhom Ter...
Stripe Faces $3.5 Billion Tax Bill as Employees’ Shares Expire
(Bloomberg) — Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax...
Tennessee Governor Seeks To Make One Of The Nation’s Best Tax Climates Even More Hospitable
Tennessee State Capitol getty Lawmakers and governors in nearly half of the states have cut income tax rates over the past two years and more are now following suit. Before the second month of 2023 ca...
What Are the Comprehensive Suite of Tools for Tax Reports? – Cryptopolitan
With an increase in the number of cryptocurrencies that you can buy and sell, it is becoming increasingly difficult for full-time crypto traders to calculate their taxes. However, services like ZenLed...
Israeli duo found guilty of large NFT tax evasion scheme worth $2.2M
Ad The Israel Tax Authority in Jerusalem is investigating two NFT creators for possible tax evasion. The suspects, Avraham Cohen from Jerusalem and Antony Polak from Har Adar, allegedly did not report...
Private Activity Bonds And 4% Low Income Housing Tax Credits
Private Activity Bonds combined with 4% tax credits are a complicated mix. getty Federal housing programs generally fall into one of two categories, those that provide a f direct subsidy to people to ...
NFT Creators Investigated in Israel for Alleged Tax Evasion – Taxes Bitcoin News
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of...
US renters pay a ‘singles tax’ of up to $19,500 — here’s how to boost your financial security if you live alone
Living alone has its perks. You get to watch what you want on TV, there are no timetable tussles for the shower, and no one steals your leftovers from the fridge. But flying solo comes at a cost. Don&...
Court Dismisses Tax Fraud Charges Against Michael Saylor’s MicroStrategy
The Superior Court of the District of Columbia has dismissed a civil complaint against American business intelligence company MicroStrategy, which alleged that the firm helped its co-founder Michael S...
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
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Capital Gains and Dividend Tax Rates for 2022-2023
Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...
I’m the Winner of a Tax Lien Certificate Investment Bid. What Happens Now?
tax lien certificate If a homeowner doesn’t pay their property taxes, the government can put a tax lien on their house. An unpaid tax lien can result in the homeowner losing their house through forecl...
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies – Regulation Bitcoin News
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...
How Alex Murdaugh Opened The Door For Convictions On Financial And Tax Crime Charges
On June 7, 2021, Alex Murdaugh called police from his cell phone to report that he had discovered the bodies of his wife, Margaret “Maggie” Murdaugh, and son, Paul Murdaugh on the family’s 1,800...
These Republican Bills Want to Make Tax Cheats Richer
The first bill introduced in a new session of Congress can be an important symbol of political priorities and values. For the Republicans who took over a slim majority in the House of Representatives,...