crypto tax

Significant Drop in Indonesia’s Crypto Tax Revenue, Plunging by 63% in 2023

Wyatt NewsonJan 24, 20242 min read

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…

The Decline of Crypto and Bitcoin Tax Revenues in Indonesia

Leo NomistJan 24, 20243 min read

Indonesia Sees 63% Drop in Crypto Tax Revenues Despite Bitcoin Surge In 2023, Indonesia experienced a significant decline of 63% in tax revenues from crypto and…

Seizure of $28.4m in Cryptocurrency by South Korean Tax Authority from Tax Evaders in 2023

Wyatt NewsonJan 24, 20242 min read

South Korea Seizes $28.4m in Crypto from Tax Dodgers The National Tax Service (NTS) of South Korea has confiscated cryptoassets worth $28.4 million from citizens who…

Victory for Japanese Crypto Advocate as they Secure a Parliament Seat

Wyatt NewsonJan 22, 20242 min read

A Crypto Advocate Wins Seat in Japanese Parliament A prominent supporter of cryptocurrency in Japan, Takeshi Fujimaki, has secured a seat in the country’s lower parliamentary…

Decoding India’s Revenue Budget for 2024: Insights into the Government’s Financial Plan

Gapster InnesJan 20, 20243 min read

India’s Union Budget 2024-25: Understanding the Revenue Budget The Union Budget for 2024 in India will be presented by the Finance Minister on February 1, before…

South Korea Contemplates Crypto Tax Elimination in Light of Financial Investment Tax Reversal

Noah RyptonJan 18, 20243 min read

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…

South Korean Government Undertakes Thorough Examination of Cryptocurrency Tax Legislation

Wyatt NewsonJan 18, 20243 min read

South Korean Government to Reconsider Crypto Taxation The South Korean government has announced that it will re-evaluate the need to tax cryptocurrency traders on their earnings.…

IRS Holds off on Implementing Digital Asset Reporting Rules, Anticipating Regulations

Benito CormiJan 18, 20243 min read

IRS Temporarily Suspends Digital Asset Reporting Enforcement The U.S. Treasury Department and the Internal Revenue Service (IRS) have announced a temporary relief for businesses regarding the…

South Korea Considers Abolishing Cryptocurrency Taxes Amid Introduction of New Income Tax System

Theon BarrettJan 18, 20242 min read

South Korea Considers Including Crypto Asset Gains in Abolition of Income Tax for Financial Investments In a recent policy briefing, Jeong Jung-hoon, deputy minister of the…

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