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Tax

Russia now treats digital assets as property as CBDC faces delay
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5 December, 2024

Russia now treats digital assets as property as CBDC faces delay

Russia's new law caps the tax on digital asset profits at 15%; meanwhile, the Trade Ministry argues that retail outlets...
South Korea agrees to another 2-year ‘crypto’ tax delay
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4 December, 2024

South Korea agrees to another 2-year ‘crypto’ tax delay

The opposition Democratic Party had pledged to fight any further delays by the ruling People Power Party but has now...
Australia mulls tax reform; Bank of Russia prepares for shakeups
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3 December, 2024

Australia mulls tax reform; Bank of Russia prepares for shakeups

Australia is eyeing to adopt the OECD framework to bolster efforts against digital asset crimes; elsewhere, the Bank of Russia...
South Korea’s major parties clash over 20% digital asset tax
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29 November, 2024

South Korea’s major parties clash over 20% digital asset tax

The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
Japan seeks approval for $141B economic stimulus package
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25 November, 2024

Japan seeks approval for $141B economic stimulus package

The Japanese gov't seeks approval for a JPY21.9 trillion economic stimulus package, which will likely include energy subsidies and tax...
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