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tax

IRS warns ‘crypto’ fans to include digital asset income on tax return … or else
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16 April, 2024

IRS warns ‘crypto’ fans to include digital asset income on tax return … or else

Partnering with Chainalysis, the IRS insisted on the need for digital asset sales to be reported on businesses' tax returns,...
Thailand issues tax exemption for investment tokens
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18 March, 2024

Thailand issues tax exemption for investment tokens

Thailand’s Cabinet will allow investors who have had their 15% capital gains tax deducted to exclude their investment token profits...
Israel proposes for digital shekel to bear interest
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15 March, 2024

Israel proposes for digital shekel to bear interest

The Bank of Israel published a CBDC paper, which outlines a system in which CBDC wallets aren’t linked to banks...
Indonesia’s watchdog considers double taxation changes for digital currencies: report
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7 March, 2024

Indonesia’s watchdog considers double taxation changes for digital currencies: report

Indonesia's Bappebti has requested that the country's Ministry of Finance evaluate the current tax regime for digital currencies to reflect...
IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise
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5 March, 2024

IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise

The IRS has hired Sulolit “Raj” Mukherjee, formerly with Coinbase and Binance.US, where he led tax compliance efforts, and ex-TaxBit...
Digitalization to play important role in Philippines’ new tax law
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27 February, 2024

Digitalization to play important role in Philippines’ new tax law

While Philippine Senator Sherwin Gatchalian agreed to the need to utilize blockchain tech cautiously, tax advisor Mon Abrea emphasized the...
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