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