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Tax
White House wants to ‘make miners pay’ for wasteful energy usage
The White House proposes the Digital Asset Mining Energy (DAME) excise tax on such operations, which would phase in to...
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’
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
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
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
Regulating the sector remains on the cards for the United States, as seen in the recent developments in the space,...
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