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Tax

South Korea authorities to do more to tackle digital currency tax evasion
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18 March, 2021

South Korea authorities to do more to tackle digital currency tax evasion

The National Tax Service has identified some 2,400 suspected tax evaders relying on digital currencies to hide their assets, thought...
Kentucky seeks to lure block reward miners with tax and energy incentives
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18 March, 2021

Kentucky seeks to lure block reward miners with tax and energy incentives

The U.S. state will issue tax and energy incentives to the miners in a move they hope will create jobs...
US Congress reintroduces bill excluding digital currencies from securities laws
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15 March, 2021

US Congress reintroduces bill excluding digital currencies from securities laws

The Token Taxonomy Act would also exempt swaps between digital currencies from taxation as well as change the tax structure...
Turkish Treasury exploring digital currency with regulators
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6 March, 2021

Turkish Treasury exploring digital currency with regulators

The Turkish Ministry of Treasury and Finance tweeted that it was beginning work with a number of regulatory bodies to...
South Korea back on track to roll out 20% digital currency tax by 2022: report
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26 February, 2021

South Korea back on track to roll out 20% digital currency tax by 2022: report

South Korea is reportedly bringing forward—yet again—plans for a tax on digital currency profits, which will see gains liable to...
India gov’t proposes 2 new taxes despite pending digital currency ban
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19 February, 2021

India gov’t proposes 2 new taxes despite pending digital currency ban

The measures would apply from the 2020-21 tax year, and are expected to be brought in by a circular, according...
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