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tax

Kenya to tax 4 million digital asset owners under new bill

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26 November, 2022

Kenya to tax 4 million digital asset owners under new bill

The Capital Markets (Amendment) Bill will be the first law to govern the digital asset industry and will impose taxes...

Philippines: Kroptoken, Calcoins founder charged with tax evasion

Wahid Pessarlay

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11 November, 2022

Philippines: Kroptoken, Calcoins founder charged with tax evasion

Joseph Calata and his business entities have accumulated a total aggregate liability of over $6.8 million with the matter instituted...

IRS braces for spike in digital asset tax fraud in coming weeks

Wahid Pessarlay

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8 November, 2022

IRS braces for spike in digital asset tax fraud in coming weeks

Jim Lee, head of the IRS criminal investigation department, noted that the cases are in their “hundreds,” with the bulk...

Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub

Wahid Pessarlay

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1 November, 2022

Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub

Costa Rican lawmakers said the proposed bill, which seeks to eradicate taxes in the asset class, will allow digital asset...

IRS expands digital assets tax category to include NFTs

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31 October, 2022

IRS expands digital assets tax category to include NFTs

The IRS has amended “virtual currency” to “digital assets” in the 2022 tax year draft instructions, expanding the category to...

Australia’s stance on BTC may have dire tax implications for investors: report

Wahid Pessarlay

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29 October, 2022

Australia’s stance on BTC may have dire tax implications for investors: report

Digital currency investors in Australia will be mandated to pay capital gain tax from their asset sales after the government...

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