Tax

New bill raises taxation threshold for Russia digital currency owners
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17 November, 2020

New bill raises taxation threshold for Russia digital currency owners

Russian digital currency owners will be required to disclose their holdings if their annual transactions exceed 600,000 rubles.
IRS clarifies who needs to disclose digital currency activity
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29 October, 2020

IRS clarifies who needs to disclose digital currency activity

The U.S. Internal Revenue Service has offered clarification on the rules around declaring digital currency activity in new guidance.
Spain wants to require taxpayers to declare digital currency holdings
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15 October, 2020

Spain wants to require taxpayers to declare digital currency holdings

A bill is in the works that would require Spanish taxpayers to submit information to the authorities concerning their dealings...
OECD announces plan for new digital currency tax reporting framework
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14 October, 2020

OECD announces plan for new digital currency tax reporting framework

The new framework would help increase transparency in digital currency trading and ensure gains were appropriately reported to the authorities...
New Zealand taxman wants info on digital currency owners
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1 October, 2020

New Zealand taxman wants info on digital currency owners

Firms are requested to turn over their customers’ personal details and the type and value of their digital currency holdings...
Israel bill wants to remove capital gains for digital currency owners
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28 September, 2020

Israel bill wants to remove capital gains for digital currency owners

Under the existing Israeli laws, digital currencies are considered assets and therefore, their sale or conversion attracts a 25% capital...
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