IRS taps 2 former digital asset execs to ramp up ‘crypto’ tax expertise
The IRS has hired Sulolit “Raj” Mukherjee, formerly with Coinbase and Binance.US, where he led tax compliance efforts,…
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Indonesia’s Crypto Evolution: Government Eyes Changes In Taxation Landscape
[[{“value”:” Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and…
Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax. Czytaj więcej…
IRS turns to private-sector crypto experts to boost enforcement
[[{“value”:” As the cryptocurrency industry proliferates in the mainstream, demands for its enforcement by government agencies are growing,…
Digitalization to play important role in Philippines’ new tax law
While Philippine Senator Sherwin Gatchalian agreed to the need to utilize blockchain tech cautiously, tax advisor Mon Abrea…
South Korea’s ruling party to push digital asset taxes to 2027 in election pledge
The People Power Party is luring voters with promises to defer the upcoming taxes by another two years…
Thailand removes VAT on digital currency trading: report
The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers…
India’s interim budget silent on digital asset tax reforms; announces ‘golden era for tech-savvy youth’
Nirmala Sitharaman remained silent on requests to lower taxes as she presented the Budget 2024-25 on February 1,…
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.…
Indonesia’s Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin’s Surge
The country’s tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced. Czytaj…