– Advertisement – Max Callisto says now is the right time for Terra Classic to re-open its doors to interoperability. In a tweet today, Max Callisto, one of LUNC DAO’s CEOs, announced th...
Tag: Tax
Exchanges criticized for ‘nothingburger PR’ posts on upcoming LUNC tax burn
As the upcoming Terra Classic (LUNC) burning mechanism gained more hype, some crypto exchanges thought it would be a good idea to express their support. However, the crypto community quickly responded...
Democrats Eye ‘Hail Mary’ Effort to Revive Their Child Tax Credit
The White House and some Senate Democrats are reportedly eyeing a “Hail Mary” effort to revive their enhanced child tax credit this year. Hans Nichols of Axios reports that the White House has engaged...
These Countries Have The Best Crypto Tax Legislation
Germany, Italy, and Switzerland are the top three crypto tax heavens India applies a 30% tax on income generated from Crypto Singapore and Slovenia round up the top five The computerized resource tra...
U.S. congressman says Bitcoin has ‘no societal value’, only suitable for tax evasion
United States congressman from Califonia Brad Sherman has once again slammed Bitcoin (BTC), stating that the flagship cryptocurrency has ‘no societal value,’ citing the lack of an intrinsic value and ...
MicroStrategy whistleblower gives startling insights about Michael Saylor in $25 tax fraud lawsuit
Join Our Telegram channel to stay up to date on breaking news coverage The District of Columbia famously filed a civil lawsuit on August 31 alleging that Michael Saylor, the leading proponent of Bitco...
These Countries Have the Best Crypto Tax Legislation: Research
The digital asset exchange aggregator – Coincub – conducted a study to find out which countries offer the friendliest cryptocurrency tax policies to their citizens. Germany ranked as the world’s crypt...
Avoid Capital Gains Tax When Selling a House
Avoid Capital Gains Taxes When Selling a House There’s a lot of pride associated with owning property, whether it’s a primary home or a vacation bungalow. It’s especially rewarding when real estate is...
Smart Ways to Avoid Capital Gains Tax on Stocks
how to avoid capital gains tax on stocks Capital gains taxes are a tax on the profits you make on investments, which you might owe if you are investing through a taxable brokerage account. The good ne...
Huobi And BTCEX Joins Binance To Support 1.2% Tax Burn For Terra Classic (LUNC)
Crypto exchanges Huobi Global and BTCEX on Friday announced support for the 1.2% tax burn proposal for Terra Classic (LUNC) and TerraClassicUSD (USTC). The support for the proposal seems to be increas...
Binance will not apply Terra Classic tax burn to spot trade on exchange
Binance has announced that it will not support the $LUNC tax burn to spot or margin trades made on its exchange. Luna Classic governance proposals 3568 and 4159 were passed to add a 1.2% tax to all on...
Binance Breaks Silence On Tax Burn For Terra Classic (LUNC) And USTC
The world’s largest crypto exchange Binance on Thursday said the 1.2% tax burn will be applicable for on-chain transactions of Terra Classic (LUNC) and TerraClassicUSD (USTC). However, the tax burn wi...
Tax implications of the Ethereum Merge and what to do to prepare
CryptoSlate spoke with Tony Dhanjal, Head of Tax at Koinly, a crypto-focused tax software company. Koinly allows users to create tax reports by linking wallets and exchange accounts and then using on-...
Has Terra Classic Tax Burn Proposal made LUNC Upsurge?
The community of Terra Classic (LUNC) brought a 1.2% tax burn proposal dubbed as 1.2% Tax Parameter Change itself. The proposal stated the taxes to charge and burn against on-chain activities like tra...
Washington and Pennsylvania, First States in the US to Tax NFTs – crypto.news
The taxation of NFTs has been an ongoing debate in 2022, with some regulators classifying NFTs as taxable assets. Meanwhile, Washington, Pennsylvania, has taken the first steps to make sure NFTs are t...
Binance Confirms Support For Terra Luna Classic (LUNC) Tax Burn
– Advertisement – The world’s top exchange will support Terra (LUNA) Tax Burn. Notice on Tax Burn for $LUNC and $USTC on Terra Classic $LUNC Network.https://t.co/1TH6sljgka — Binance (@b...
Terra Luna Classic (LUNC) Soars 100% Weekly as KuCoin, Gate Io Extend Tax Burn Support
Despite the dramatic sell-off of Terra ecosystem tokens, LUNC has managed to rally along with the crypto market favoring the upside. While the plan continues to revive the chain and attract investors ...
German crypto tax policy one of the best in the world – Coincub report
Coincub’s annual tax ranking report shows that Germany offers its residents the best tax policies in the world, while Belgium is one of the worst places to own crypto due to its high taxation. The Coi...
Terra Classic is Pumping As the News of 1.2% Burn Tax Hit – How high will it Go
Join Our Telegram channel to stay up to date on breaking news coverage Terra Classic has continued to surprise everyone in the market with its latest pumping rally. Since last week, it has been reachi...
Kucoin Offers Support to Terra Classic 1.2% Tax Burn
12 seconds ago | 2 mins read Exchange News Gate.io has also declared its approval of the 1.2% tax burn. In this proposal, a token burn fee of 1.2% is proposed to be applied to all trades. KuCoin and G...
KuCoin and Gate.io To Support 1.2% Tax Burn On Terra Classic (LUNC) Transactions
Crypto exchanges KuCoin and Gate.io will support the 1.2% tax burn proposal of the Terra Classic (LUNC) community. According to the 1.2% Tax Parameter Change proposal, taxes will be charged and burned...
Leading Exchanges KuCoin And Gateio to Support 1.2% Tax Burn for Terra LUNA Classic (LUNC)
– Advertisement – Leading cryptocurrency exchange KuCoin and Gate.io announced that they would support the 1.2% tax burn proposal for Terra Luna Classic (LUNC) tokens. In a press release ...
The Low Transaction Prices on Solana Are Liable to Fluctuation; Purchase Big Eyes Coin to Enjoy No Tax, No Fee Transactions
Many coins in the crypto market charge transaction fees. Transaction fees are also referred to as miner fees. They are concocted to incentivize crypto enthusiasts and validators to ascertain cryptocur...
Record Number of Women Declare Crypto Holdings to Brazil Tax Man
Over 1.3 million Brazilian citizens declared crypto assets in their tax reports, and a record number of them are women. In 2019, the Internal Revenue Service issued a requirement that all traders shou...
Dates For Voting And Activation Of Terra LUNA Classic (LUNC) 1.2% Burn Tax Proposal Disclosed
– Advertisement – Terra Classic LUNAtics inch closer to voting and approving a 1.2% tax proposal. In a tweet yesterday, LUNC Burn, a Twitter account dedicated to tracking LUNC burn activ...
Two US States Washington and Pennsylvania To Tax NFTs
– Advertisement – Washington and Pennsylvania Lead the Way in NFT Taxation. Digital assets are notoriously difficult to tax due to the lack of transparency around who owns and trades the...
LUNC up 134% in 7 days amid massive community support and burn tax proposal
Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134.2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from i...
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if ...