Category: crypto tax
The Biden administration has proposed international cooperation to clamp down on crypto tax evasion by sharing data globally.
The post Biden Goes After Crypto Tax Evaders with Global Data Sharing Initiative appeared first on BeInCrypto.
The Australian Tax Office (ATO) put out a statement addressing the country’s 600,000 crypto users to pay taxes on their gains during the next tax period.
The post Australia Pressures 600,000 Crypto Users to Pay Their Taxes appeared first on BeInCrypto.
The U.S. Internal Revenue Service (IRS) revealed that it has plans to seize citizens’ crypto assets in order to settle unpaid taxes.
The post IRS Reveals Plans to Seize Crypto Held by Tax Dodgers appeared first on BeInCrypto.
Hungary is going to cut the tax rates on crypto earnings by 50% starting next year in a bid to boost crypto adoption and use in the country. The announcement was made by the Mihály Varga, Minister of Finance earlier today. *HUNGARY TO CUT TAX ON CRYPTOCURRENCY EARNINGS BY 50% FROM 2022 — *Walter Bloomberg
The post Just In: Hungary to Reduce Tax on Crypto Gains by 50% appeared first on Coingape.
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