Indonesia Reports Significant Decline in Crypto Tax Revenue The Indonesian government has announced a significant decrease in crypto tax revenue for 2023, amounting to $31.7 million…
South Korea Considers Including Cryptocurrency Gains in Tax Abolition South Korea is currently discussing whether gains from cryptocurrency assets should be included in the upcoming abolition…
IRS Suspends Crypto Tax Rule Implementation The Internal Revenue Service (IRS) has decided not to require US businesses to report transactions exceeding $10,000 until a legal…
IRS Confirms Non-Enforcement of Crypto Reporting Law After weeks of confusion and concern in the crypto community, the IRS has clarified that the new law requiring…
IRS Offers Penalty Relief for Unpaid Taxes, Including Crypto Transactions If you haven’t paid your taxes for 2020 or 2021, the IRS has announced that it…
China Clarifies Taxation on Digital Currency Transactions An article published by the Shanghai Municipal Tax Service has raised speculation about a potential easing of China’s crypto…
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days Starting from the beginning of…
New Crypto Tax Law Takes Effect, Coin Center Claims Compliance is Impossible A prominent crypto advocacy group, Coin Center, has issued a press release stating that…
New Crypto Tax Reporting Obligations Take Effect on January 1 Starting on January 1, a new tax reporting law has come into force in the United…
