Floki DAO, the decentralized governance body of the memecoin protocol Floki has announced the slash in the on-chain taxation chargeable on transactions involving its maiden
Tag: Tax
Oyster Founder Amir Elmaani Sentenced To 4 Years For Tax Fraud
In a recent turn of events, Amir Bruno Elmaani, the 31-year-old founder of the cryptocurrency scheme Oyster Protocol, has been sentenced to four years in
Coinbase CLO Challenges IRS Digital Asset Tax Reporting
In a series of tweets today, Coinbase Chief Legal Officer Paul Grewal called on those who care about fairness and support American innovation to oppose
India Crypto Tax Rules Won’t Change for Two More Years
In order to deter crypto trading activities in the country, the Indian government has imposed hefty taxes on crypto profits over the last year and
Hungarian Authorities Seize $1M in Crypto in Major Tax Evasion Sting
Hungary’s National Tax and Customs Authority (NAV) has significantly moved against cryptocurrency-fueled tax evasion. In a recent operation, NAV confiscated $1 million of digital assets
Thailand Targets Crypto Traders With New Tax Rules
Starting January 1, 2024, Thailand plans to revamp its income tax laws concerning money earned abroad. This change includes earnings from cryptocurrency trading, offshore accounts,
EU Parliament Approves DAC8 Crypto Tax Rule
On Wednesday, the European Parliament took a significant step forward in regulating cryptocurrency. Meeting in Strasbourg, France, lawmakers voted in favor of the eighth iteration
US Treasury Unveils Crypto Tax Reporting Guidelines
The United States Treasury Department has introduced comprehensive guidelines for cryptocurrency tax reporting. Crypto Exchanges and Investors to Report Holdings According to the document, cryptocurrency
Investor Inputs On Crypto Tax Laws Sought By US Senate Panel
Crypto Market News: Stakeholders in the crypto market now have a chance to express their views on the gray areas of crypto asset related taxation,
Japan’s Tax Agency Softens Rule on Crypto Taxation for Firms
The Japanese National Tax Agency is softening its stance on the taxation of crypto assets from corporations dealing with the nascent asset class in the