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Tax

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...
Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters
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25 November, 2024

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters

Nepal struggles to contain the rising number of fraud cases involving the digital asset class; elsewhere, South Korea's Paju City...
CREATE MORE Act and its impact on emerging tech
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15 November, 2024

CREATE MORE Act and its impact on emerging tech

Philippine President Ferdinand Marcos Jr. signed the CREATE MORE Act into law, focusing on lowering corporate taxes, simplifying business processes,...
Kenya collects $78 million in digital currency taxes
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13 November, 2024

Kenya collects $78 million in digital currency taxes

The Kenya Revenue Authority is working with the central to initiate more effective tax measures as it targets $465 million...
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