Romania Carries Out Raids as Part of Crypto Tax Evasion Probe

Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets

US Government Delays Tax Reporting Rules for Cryptocurrency Brokers

The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congreso…

Buenos Aires to Tax Cryptocurrency Mining in 2023

The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, en 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via

Israel prohíbe transacciones en efectivo por montos que comienzan tan bajos como $1,700

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the countrys tax authority, is to improve the fight against organized crime, money laundering, and tax

Albania to Start Taxing Crypto-Related Income From 2023

Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to

Thailand Exempts Crypto Transfers From VAT Until End of 2023

Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand….

Propuesta de prohibición de criptominería en Noruega no obtiene apoyo en el Parlamento

La mayoría de los legisladores ha rechazado un impulso para prohibir la minería de prueba de trabajo de criptomonedas que consume mucha energía en Noruega.. The ban had been suggested by the far-left Red Party which also didnt win backing to raise an electricity tax for

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russias tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the countrys market for

Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions

The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called thelarge financial transactionstax would collect up to 20% sobre…