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Tax

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
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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...
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
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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
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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...
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