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Taxation

Philippines: Finance department proposes to clarify digital currency taxation rules by 2024
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31 May, 2022

Philippines: Finance department proposes to clarify digital currency taxation rules by 2024

The finance department says the details of its plans are yet to be decided, but with the incoming government's blessings,...
Russia removes tax amnesty from drafted block reward mining bill
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30 May, 2022

Russia removes tax amnesty from drafted block reward mining bill

Russia's State Duma has revised several draft block reward mining bill provisions, and one of these is a proposed one-year...
Portugal’s parliament rejects proposals to tax digital currencies
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30 May, 2022

Portugal’s parliament rejects proposals to tax digital currencies

The proposals were brought by two left-wing minority parties, Block de Esquerda and Livre—with Livre seeking to tax gains above...
Portugal considers taxing digital currency capital gains
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19 May, 2022

Portugal considers taxing digital currency capital gains

Portuguese Finance Minister Fernando Medina confirmed to Parliament that his ministry is studying how to tax digital currency gains in...
Germany won’t tax digital currency held for 1 year
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15 May, 2022

Germany won’t tax digital currency held for 1 year

Most notably, the new laws stipulate that Germany will not impose a capital gains tax on the sale of BTC...
India to impose 28% tax on digital currency transactions: report
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13 May, 2022

India to impose 28% tax on digital currency transactions: report

India is weighing a 28% Goods and Service Tax (GST) for digital asset transactions, just a month after imposing a...
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