taxes

taxes

Finance

Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto

The service will operate in partnership with Bitfy, a startup focused on blockchain solutions.

Oficinas de Banco do Brasil en Brasilia, Brasil. (Henrique Dias/Unsplash)

Policy

India's Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say

In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.

Indian Finance Minister Nirmala Sitharaman, right, with U.S. Treasury Secretary Janet Yellen. (Indian Finance Ministry)

Web3

Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs

The platform has so far purchased over 9,300 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.

(Sergey Bitos/Getty Images)

Policy

FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations

CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months.

(Alexi Rosenfeld/WireImage/Getty Images)

Policy

Kenya Proposes Bill to Tax Crypto

Roughly 8.5% of the African country's population owns cryptocurrencies, according to a United Nations report.

Nairobi, Kenya (Amani Nation/Unsplash)

Opinion

Say Goodbye to Proprietary Tax Prep Software

Web3 tax help is a multibillion-dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.

(Crissy Jarvis/Unsplash)

Opinion

If You Lost Money on FTX, You May See Some Tax Relief

Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme to glean what the FTX fallout could mean for tax filers.

(Leon Neal/Getty Images)

Opinion

EY’s Crypto Tax Leader Breaks Down What You Need to Know This Tax Season

Use data aggregators, get a trusted adviser and learn to live with a little uncertainty.

EY (Shutterstock)

Layer 2

Crypto Users Want to Pay Taxes, but We Need Clearer Rules

The need for comprehensive crypto tax reform will become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing.

(Unsplash, modified by CoinDesk)