Search Results for: Taxation

Albania to Start Taxing Crypto-Related Income From 2023

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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…

Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

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Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, navaja: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill…

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

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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

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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….

Uzbekistanski predsednik je izdal odlok o urejanju kriptovalut, Rudarstvo in trgovanje

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Uzbekistanska vlada se je odločila za razširitev svojih kripto predpisov z odlokom, ki ga je podpisal predsednik Shavkat Mirziyoyev. Dokument podaja definicije izrazov, kot so kripto sredstva, izmenjava, in rudarstvo, in določa glavni regulatorni organ za industrijo. Agency…

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

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A bill updating Russia’s 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 country’s market for…

Združeno kraljestvo razkriva obsežen načrt, da postane globalno kripto središče z dinamično regulacijo

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The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to…

US Senators Working on Broad-Based Crypto Regulation

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Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators…

Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions

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Indija’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted….

Deloitte: 82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity

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A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity surrounding the regulation of crypto assets. Poleg tega, 77.4% of respondents want cryptocurrency to be treated as securities. Indian Crypto Survey:…