All by tag: Taxation

The decision is due to the speculative nature of the first cryptocurrency

The presidential decree obliges the leadership of the High-Tech Park to develop a concept for the development of the token sphere by July of next year

The move is expected to bring an additional $12 million to the state budget in 2025

If the proposal is approved, the rate will be raised in stages over three years at 10% per year

The measure should bring the US budget an additional $24 billion

At the moment, the deputies are discussing various taxation options — from the UTII to the income tax

In addition, taxpayers will have to pay part of the profits from airdrops, hard forks, and mining

The initiative is part of Prime Minister Rishi Sunak’s plans to turn the country into a crypto hub

If approved by the European Parliament and the European Council, the new rules will affect all firms and may come into force on January 1, 2026

The rate will apply to amounts of income exceeding €2000

Stablecoins, crypto derivatives, and some NFTs will be supervised by the organization

The fee will be charged for gains on assets held for less than one year