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Thailand Offers $1B Tax Break for Companies Issuing Investment Tokens: Reuters
Thailand is offering a tax break for companies that issue digital tokens for investment, in a move that may cost the government 35 billion baht ($1 billion), according to a report from Reuters. "The Hash" panel discusses what this suggests about the state of crypto in Thailand and Asia at large.
U.S. Lawmakers Plan to Reintroduce Crypto Tax Reform Bill: Report
U.S. lawmakers are planning on reintroducing a bill that will reform the way crypto is treated for tax purposes, Punchbowl news said on Tuesday. The Keep Innovation in America Act was first introduced in March 2021. "The Hash" panel discusses the details of the bill.
Таиланд предлагает налоговые льготы в размере 1 млрд долларов для компаний, выпускающих инвестиционные токены: Reuters
Страна отменит для этих фирм корпоративный налог и налог с продаж.
Puerto Rico's Crypto-Friendly Policies
Puerto Rico is extending its 4% tax incentive to crypto assets and blockchain activities, including staking. Puerto Rico Blockchain Trade Association Executive Director Keiko Yoshino joins "First Mover" to discuss why she thinks crypto brings value to the community.
Puerto Rico Expands 4% Tax Incentive to Crypto and Blockchain Activities
Puerto Rico has extended its 4% tax incentive to crypto assets and blockchain activities, including staking. Puerto Rico has already been crowned a tax haven by crypto businesses that have sought to take advantage of the country’s policies. Puerto Rico Blockchain Trade Association Keiko Yoshino discusses the move and the state of crypto in Puerto Rico amid the bear market.
Пуэрто-Рико расширяет налоговую льготу в размере 4% для Криптo и блокчейн-деятельности
Услуги по стейкингу и экспорту Криптo подлежат налогообложению.
Криптo биржа Binance представляет инструмент для расчета налогов по транзакциям
Инструмент, изначально доступный пользователям в Канаде и Франции, поддерживает отчетность по 100 000 транзакций.
India’s Budget Disappoints
India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector last year. Traders' hopes of the tax change in 2023 dashed. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
India Keeps Restrictive Crypto Tax Rules in 2023 Budget
India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector in 2022. Now the world's largest democracy is keeping its restrictive crypto tax rules unchanged in 2023 as Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets, blockchain or central bank digital currencies (digital rupee) while unveiling the nation’s budget. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses how this could impact crypto adoption and trading volumes in the country.
