Tax
Why Investors Are Waiting For a U.S. Crypto Tax Rule Revamp
Crypto traders have been waiting for a set of new rules that will overhaul how they report their cryptocurrency taxes since the issuance of crypto tax documents was required in the law two years ago. Treasury Department’s Internal Revenue Service (IRS) completed the proposal months ago, so why hasn’t it been proposed? CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the new tax rule plan and why it has been delayed.
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
The latest tax guidance from the Internal Revenue Service outlines how and when staking rewards are taxed.
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
Token issuers in the country were taxed for unrealized gains from holding on their own tokens.
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
CoinDCX, CoinSwitch, WazirX and other Indian firms CoinDesk spoke to think they'll survive the ongoing bear market – here’s how.
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members
Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.
