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Tax

IRS delays implementation of reporting $600 threshold to ease taxpayers’ transition
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29 December, 2022

IRS delays implementation of reporting $600 threshold to ease taxpayers’ transition

Following an in-depth consultation, the IRS said it is pushing back the implementation of a new reporting threshold to the...
UK lists ‘cryptoassets’ under Investment Manager Exemption signaling ripple effect for funds
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27 December, 2022

UK lists ‘cryptoassets’ under Investment Manager Exemption signaling ripple effect for funds

'Designated cryptoassets' in the United Kingdom are now qualified for Investment Manager Exemption, allowing foreign investors to evade strict tax...
Kazakhstan’s miners face stiffer regulations following new bill
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26 December, 2022

Kazakhstan’s miners face stiffer regulations following new bill

The incoming legislation will require miners to buy electricity from the state-owned KOREM, which miners believe could impose unnecessary bureaucracies.
Japan plans to reduce tax burden for digital asset issuers
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21 December, 2022

Japan plans to reduce tax burden for digital asset issuers

Currently, Japan imposes a 30% tax on digital asset service providers holding unrealized gains from their assets—a move widely criticized...
Koinly lays off 14% of workforce following extended bear market—Here’s the whole bushel
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9 December, 2022

Koinly lays off 14% of workforce following extended bear market—Here’s the whole bushel

Koinly has pruned its staff strength by 14% ahead of the incoming tax season, forcing to layoff 16 full-time employees...
Digital assets may get legal status in Ukraine via new regulatory framework
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8 December, 2022

Digital assets may get legal status in Ukraine via new regulatory framework

Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the...
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