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tax

US senators urge IRS, Treasury to implement digital asset tax rules
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13 October, 2023

US senators urge IRS, Treasury to implement digital asset tax rules

A letter from U.S. lawmakers called out the Treasury Department and the IRS for their delay in enforcing digital asset...
EU parliament passes DAC8 digital asset tax reporting rule
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18 September, 2023

EU parliament passes DAC8 digital asset tax reporting rule

The DAC8, which is expected to come into force in 2026, aims to provide EU tax authorities with the right...
Japanese regulator proposes digital asset tax reform
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11 September, 2023

Japanese regulator proposes digital asset tax reform

The proposed tax revision includes the elimination of year-end "unrealized gains" on digital assets, which Japan's FSA said would help...
South Korea’s Cheongju wants to seize digital currency holdings from tax evaders
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30 August, 2023

South Korea’s Cheongju wants to seize digital currency holdings from tax evaders

Authorities in South Korea aim to recover unpaid taxes by seizing digital currencies from tax evaders in Cheongju via legal...
Treasury’s digital currency tax reporting rules aim to combat tax evasion in US
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29 August, 2023

Treasury’s digital currency tax reporting rules aim to combat tax evasion in US

As the crackdown on tax evasion continues, the U.S. Treasury Department is lobbying for stringent regulations, which would include the...
IRS: Staking rewards are taxable income
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8 August, 2023

IRS: Staking rewards are taxable income

Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...
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