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Tax

Israel proposes for digital shekel to bear interest
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15 March, 2024

Israel proposes for digital shekel to bear interest

The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks...
Indonesia’s watchdog considers double taxation changes for digital currencies: report
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7 March, 2024

Indonesia’s watchdog considers double taxation changes for digital currencies: report

Indonesia's Bappebti has requested that the country's Ministry of Finance evaluate the current tax regime for digital currencies to reflect...
IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise
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5 March, 2024

IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise

The IRS has hired Sulolit “Raj” Mukherjee, formerly with Coinbase and Binance.US, where he led tax compliance efforts, and ex-TaxBit...
Digitalization to play important role in Philippines’ new tax law
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27 February, 2024

Digitalization to play important role in Philippines’ new tax law

While Philippine Senator Sherwin Gatchalian agreed to the need to utilize blockchain tech cautiously, tax advisor Mon Abrea emphasized the...
South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
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22 February, 2024

South Korea’s ruling party to push digital asset taxes to 2027 in election pledge

The People Power Party is luring voters with promises to defer the upcoming taxes by another two years to 2027...
Thailand removes VAT on digital currency trading: report
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13 February, 2024

Thailand removes VAT on digital currency trading: report

The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers and brokers...
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