​US president urges closing tax loopholes for “wealthy crypto investors”

May 10, 2023

​US president urges closing tax loopholes for “wealthy crypto investors”

Such a decision will bring an additional $18 billion to the US budget

​Sweden will raise the electricity tariff for miners 58 times

Apr 18, 2023

​Sweden will raise the electricity tariff for miners 58 times

The authorities will cancel tax incentives introduced in 2017 to attract businesses to the country

​Russia’s Taxation Service starts checking Russians’ cryptocurrency incomes

Apr 14, 2023

​Russia’s Taxation Service starts checking Russians’ cryptocurrency incomes

Requests are received by individuals who made transactions in 2021-2022 and filed 3-PIT returns

​Bitmain fined $3,7 million for tax violations in China

Apr 11, 2023

​Bitmain fined $3,7 million for tax violations in China

The mining company did not pay personal income tax

​More than 99% of crypto traders have not paid taxes for 2022

Apr 6, 2023

​More than 99% of crypto traders have not paid taxes for 2022

Divly’s study showed that the highest level of tax payments on cryptocurrencies is in Finland and the lowest in the Philippines

​Denmark will impose tax on profits from the sale of bitcoins

Mar 31, 2023

​Denmark will impose tax on profits from the sale of bitcoins

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

​Belarus extends tax incentives for the crypto industry until 2025

Mar 29, 2023

​Belarus extends tax incentives for the crypto industry until 2025

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

​UK will require citizens to declare income from cryptocurrencies

Mar 15, 2023

​UK will require citizens to declare income from cryptocurrencies

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

​US President calls for 30% tax on electricity for miners

Mar 10, 2023

​US President calls for 30% tax on electricity for miners

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

​WSJ learns of Biden’s plans to change the taxation of cryptocurrencies

Mar 9, 2023

​WSJ learns of Biden’s plans to change the taxation of cryptocurrencies

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

​Russia’s Ministry of Finance supports the tax rate for miners in the amount of 7-20%

Jan 25, 2023

​Russia’s Ministry of Finance supports the tax rate for miners in the amount of 7-20%

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

​US Internal Revenue Service makes it compulsory to pay tax on profits from staking

Jan 24, 2023

​US Internal Revenue Service makes it compulsory to pay tax on profits from staking

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