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Tax

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...
SEC warns audit firms over incomplete and misleading crypto audits
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3 August, 2023

SEC warns audit firms over incomplete and misleading crypto audits

The top accounting official at the U.S. Securities and Exchange Commission cautioned auditors against having their non-audit work being used...
Thodex exchange founder sentenced to 7 months imprisonment over failure to submit tax documents
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23 July, 2023

Thodex exchange founder sentenced to 7 months imprisonment over failure to submit tax documents

Faruk Fatih Özer said he couldn’t access the documents as Thodex was under a trustee, but the judge rejected the...
Israel: Foreigners may be excluded from taxes on digital asset gains under new bill
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10 July, 2023

Israel: Foreigners may be excluded from taxes on digital asset gains under new bill

The bill passed a preliminary reading in parliament and will also lower taxes on digital asset options for employees as...
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