Thailand turns to blockchain for help in tourist VAT refunds
Thailand will integrate blockchain in its VAT refunds for tourists starting later this month.
Latest VAT News
Crypto tax in France will not cover crypto-to-crypto transactions
Crypto-to-crypto transactions will not be liable to tax in France, according to the country’s Finance Minister.
Dr. Craig Wright weighs in on taxing cryptocurrencies
Dr. Craig stated that Bitcoin was never designed to circumvent legal financial obligations but to work within the system and function, in many ways, as a currency.
Crypto in Africa: Nigeria taps blockchain to stop corruption, South Africa mulls pro-crypto tax guidelines
African countries are not just taking blockchain technology by the horn, they’re also tightly holding on to it. In the last few months, some countries in the region are finally realizing the great potential of cryptocurrency and its underlying technology.
Portugal’s taxman publishes guidelines for cryptocurrency taxes
The Portuguese Tax Authority has created a framework that defines a handful of taxes for cryptocurrencies, helping to provide a great amount of clarity on the subject.
Thailand exempts crypto investors from 7% VAT ‘to reduce tax burden’
Thailand’s Revenue Department announced that it would be waiving the 7% value-added tax (VAT) for all individual cryptocurrency investors.
No extra tax for crypto: Germany treats digital coins as legal tender
The German Finance Ministry announced cryptocurrency will be treated like legal tender when used as a payment method.