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Taxation

Australia requires VASP license under new rules
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3 October, 2024

Australia requires VASP license under new rules

Elsewhere, Turkey will not levy new taxes on digital assets and stocks this year after an initial plan attracted severe...
Spain to send more than 300,000 tax notices to digital asset holders
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14 April, 2023

Spain to send more than 300,000 tax notices to digital asset holders

Spain’s taxman has increased the notices by 40% from last year’s tally as it ramps up its Bitcoin tax scrutiny,...
ASIC-maker Bitmain fined $3.6 million in China over tax violations
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13 April, 2023

ASIC-maker Bitmain fined $3.6 million in China over tax violations

Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the...
Bitcoin profits are taxable, Denmark Supreme Court rules
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3 April, 2023

Bitcoin profits are taxable, Denmark Supreme Court rules

Two rulings by the Supreme Court of Denmark have come to the same conclusion: that the profits of bitcoin sales...
IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable
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23 March, 2023

IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable

Under the proposed guidance, NFTs are covered by the tax law if they have been identified as a "collectible," which...
UK adds digital asset tab in tax declaration forms
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20 March, 2023

UK adds digital asset tab in tax declaration forms

Chancellor of the Exchequer Jeremy Hunt revealed while reading the budget that digital assets will now be identified separately in...
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