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Tax

UK Treasury wants public input on proposed tax for DeFi transactions
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2 May, 2023

UK Treasury wants public input on proposed tax for DeFi transactions

The consultation, running until June 22, will be carried out by HM Revenue and Customs, seeking public comments from investors,...
Ruling in Apple antitrust case frees NFTs from ‘Apple Tax’
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27 April, 2023

Ruling in Apple antitrust case frees NFTs from ‘Apple Tax’

Despite losing its court battle against Apple, Epic Games clinched a big win for NFT developers following a ruling of...
Puerto Rico upholds 4% tax incentive for digital currency-related activities
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3 March, 2023

Puerto Rico upholds 4% tax incentive for digital currency-related activities

While it would likely take more than a tax cut to become a leading digital asset player in the Caribbean,...
India snubs plea to reduce tax burden in Union Budget 2023
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4 February, 2023

India snubs plea to reduce tax burden in Union Budget 2023

Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
Rounding up the important digital currency stories from the US this week
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31 January, 2023

Rounding up the important digital currency stories from the US this week

Regulating the sector remains on the cards for the United States, as seen in the recent developments in the space,...
India’s TDS rule under fire as critics call for immediate reduction
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29 January, 2023

India’s TDS rule under fire as critics call for immediate reduction

The report claims that the existing 1% TDS rate is pushing numerous industry service firms out of the country, adding...
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