Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
Authorities in Portugal intend to impose a levy on positive aspects from short-term crypto investments with the state price range for subsequent yr. The doc,...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners
The Norwegian authorities is reviewing a proposal to abolish the coverage of preferential tax therapy for knowledge facilities mining cryptocurrency with cheaper electrical energy. The...
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
Members of the European Parliament have known as for “efficient taxation” of crypto property and “higher use of blockchain” to counteract tax evasion. A decision...
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
The authorities in South Korea has seized cryptocurrency value round $184 million in two years resulting from tax arrears, in response to native media. The...
Belarus Issues International Arrest Warrant for Owner of Country’s ‘Largest Crypto Exchanger’
Law enforcement officers in Minsk are searching for worldwide help to find and detain the person who ran what is claimed to be the largest...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies
South Korea’s tax administration has pledged to take strict measures towards tax evasion by digital property and platforms. While the Korean authorities is but to...
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700
New laws introducing tighter restrictions on funds with giant sums of money will enter into power in Israel on Monday. The objective, as said by...
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
An artist from Latvia is underneath investigation for allegedly promoting NFTs, or non-fungible tokens, to launder cash, for which he might stand up to 12...
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
President of Kazakhstan Kassym-Jomart Tokayev has signed into regulation a invoice amending the nation’s Tax Code to impose larger tax charges on crypto miners. The...
Tax Agency Starts Checking Crypto Traders in Romania
Authorities in Romania are going after buyers who did not report revenues from crypto buying and selling and pay tax. The offensive is a part...