EU votes to modernize taxation with blockchain

Oct 4, 2022

EU votes to modernize taxation with blockchain

The European Commission has yet to clearly define possible taxable events

Brazilian police raids six crypto exchanges

Sep 24, 2022

Brazilian police raids six crypto exchanges

Law enforcers ordered the freezing of the suspects’ assets totaling $238 million

South Korean authorities recover from tax debtors $184 million in cryptocurrency

Sep 22, 2022

South Korean authorities recover from tax debtors $184 million in cryptocurrency

The largest recovery from a defaulter was more than $8 million

Japan’s regulator proposes to ease taxation of crypto companies

Sep 1, 2022

Japan’s regulator proposes to ease taxation of crypto companies

The easing of the rules is aimed at implementing the concept of “New Capitalism” from Japanese Prime Minister Fumio Kishida

Michael Saylor accused of failing to pay $25 million in taxes

Sep 1, 2022

Michael Saylor accused of failing to pay $25 million in taxes

A lawsuit against the founder of MicroStrategy was filed by the Attorney General of Washington

Japan to revise taxation to attract crypto startups

Aug 26, 2022

Japan to revise taxation to attract crypto startups

The authorities allowed capital gains tax to be removed for unrealized corporate digital assets

South Korea imposes tax on tokens received in airdrops

Aug 22, 2022

South Korea imposes tax on tokens received in airdrops

The recipient of free assets must file such profits on the tax return within three months, according to a local outlet

Colombia to issue digital currency to keep track of tax payments

Aug 17, 2022

Colombia to issue digital currency to keep track of tax payments

The initiative will be accompanied by restrictions on cash payments and transactions worth over 10 million Colombian pesos ($2400)

Russian Council of Federation passes law on taxation of DFA transactions

Jul 8, 2022

Russian Council of Federation passes law on taxation of DFA transactions

The law will come into force from the date of its official publication

Russia’s State Duma passed bill on the taxation of DFAs

Jun 28, 2022

Russia’s State Duma passed bill on the taxation of DFAs

Transactions on the sale of digital assets will be subject to VAT, and the introduction of personal income tax and corporate income tax is provided for income from the sale

Albania to implement  taxation of cryptocurrencies

Jun 27, 2022

Albania to implement taxation of cryptocurrencies

According to a draft law, which may take effect from 2023, individuals will pay a capital gains tax of 15%

Australia’s government refused to tax cryptocurrencies

Jun 24, 2022

Australia’s government refused to tax cryptocurrencies

The capital gains tax will still apply to digital assets held in investment portfolios