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tax

Japan plans to reduce tax burden for digital asset issuers

Wahid Pessarlay

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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

Wahid Pessarlay

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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

Wahid Pessarlay

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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...

Italy to introduce 26% capital gains tax on digital asset profits

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5 December, 2022

Italy to introduce 26% capital gains tax on digital asset profits

Taxpayers can be subject to a lesser 14% rate if they declare the value of their digital assets as of...

Israel’s chief economist recommends sweeping digital asset guidelines

Wahid Pessarlay

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2 December, 2022

Israel’s chief economist recommends sweeping digital asset guidelines

Shira Greenberg called for wider powers to be given to the supervisor of financial service providers and opined to create...

European Union eyeing digital asset taxation change

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1 December, 2022

European Union eyeing digital asset taxation change

The vote will commit lawmakers in Brussels to changing tax rules related to the digital asset industry, including whether to...

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