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Tax

India has no plans to regulate digital asset sales or purchases
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15 August, 2024

India has no plans to regulate digital asset sales or purchases

While there are no immediate plans to regulate digital asset sales and purchases, India continues to strictly monitor the industry,...
Philippine finance chief urges tax bureau to drive revenue growth through digitalization
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15 August, 2024

Philippine finance chief urges tax bureau to drive revenue growth through digitalization

The Philippines' finance secretary has underscored the role of the Bureau of Internal Revenue in ensuring the government meets its...
IRS updated digital asset tax form ditches wallet address, transaction ID requirements
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14 August, 2024

IRS updated digital asset tax form ditches wallet address, transaction ID requirements

Apart from dropping the submission of wallet addresses and transaction IDs, the IRS will no longer require investment time transactions...
Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
India’s budget boosts startup, e-commerce ecosystem; silent on digital assets
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24 July, 2024

India’s budget boosts startup, e-commerce ecosystem; silent on digital assets

India's finance minister abolished the 'angel tax' but remained silent on requests from the digital asset industry to lower taxation...
Philippine SONA 2024: Ferdinand Marcos Jr. says country embraces AI, digitalization
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23 July, 2024

Philippine SONA 2024: Ferdinand Marcos Jr. says country embraces AI, digitalization

President Ferdinand Marcos Jr. highlighted some initiatives and legislative measures that have paved the way for investments and job creation,...
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