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

Russia’s Ministry of Energy to develop taxation system for miners

Jun 17, 2022

Russia’s Ministry of Energy to develop taxation system for miners

The regulator has proposed to include cryptocurrency mining in the All-Russian Classifier of Economic Activities

Media: Turkey to tighten regulation of cryptocurrencies

May 26, 2022

Media: Turkey to tighten regulation of cryptocurrencies

The authorities plan to impose a transaction tax and oblige global companies to register branches

Kazakh authorities approved differentiated tax rates for miners

May 25, 2022

Kazakh authorities approved differentiated tax rates for miners

Amendments to the Tax Code provide for different fees depending on the source and cost of energy consumed

Terraform Labs’ head faced tax evasion charges

May 19, 2022

Terraform Labs’ head faced tax evasion charges

The National Tax Service of South Korea has reported a debt of $78,4 million

Germany to abolish tax on the sale of BTC and ETH stored for over a year

May 12, 2022

Germany to abolish tax on the sale of BTC and ETH stored for over a year

Previously, digital assets had to be held for ten years to become tax-free

South Korea’s President delayed the introduction of a tax on crypto investment gains

May 4, 2022

South Korea’s President delayed the introduction of a tax on crypto investment gains

The decision was taken in order to protect the rights of consumers