Tax

South Korea pledges crackdown on money laundering via digital currencies
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23 April, 2021

South Korea pledges crackdown on money laundering via digital currencies

The South Korean government is reportedly preparing to ramp up regulation against digital currency, in a bid to more readily...
Spanish tax authorities warn of new digital currency related fines
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19 April, 2021

Spanish tax authorities warn of new digital currency related fines

The Ministerio de Hacienda said digital holdings were considered taxable income by the authorities, and that there were sizable penalties...
UK updates digital currency tax treatment to account for staking
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5 April, 2021

UK updates digital currency tax treatment to account for staking

Her Majesty’s Revenue and Customs published the updated guidance to address the issue of proof-of-stake rewards, which had previously been...
Block reward miners get tax breaks in Kentucky
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31 March, 2021

Block reward miners get tax breaks in Kentucky

Kentucky Governor Andy Beshear has signed a pair of legislative bills that enable block reward miners to take advantage of...
India to require companies to disclose digital currency holdings
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30 March, 2021

India to require companies to disclose digital currency holdings

Officials at the Ministry of Corporate Affairs processed an amendment to Schedule III of the Companies Act, 2013, requiring companies...
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...
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