Thailand will integrate blockchain in its VAT refunds for tourists starting later this month.
Crypto-to-crypto transactions will not be liable to tax in France, according to the country’s Finance Minister.
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.
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.
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’s Revenue Department announced that it would be waiving the 7% value-added tax (VAT) for all individual cryptocurrency investors.