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…
Browsing Tag
tax
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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…
Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
Indonesian crypto exchanges saw a sharp 60% drop in trading volumes in 2023, challenging its reputation as a…
India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget
India’s budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual…
New US Crypto Tax Law, SEC Still Processing BTC ETFs, Saylor Buys More BTC, and More — Week in Review
The U.S. introduces stringent tax reporting laws for transactions over $10,000, while the SEC grapples with a backlog…
IRS mandates increased personal information for digital asset transactions under new rules
Many brokers are expected to have difficulty complying with the IRS’ new tax rules, which took effect on…
India’s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
The Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16. Czytaj więcej…
From ban to regulations, India’s digital asset-blockchain story has come a long way
With the growing popularity of digital asset trading, India marked the year 2023 with various regulations geared toward…