Taxes
Biden to propose changing crypto tax rules: WSJ
The change is expected to prevent wash trading and raise $24 billion.
Mike Dalton 2 min read
Taxes News
Read crypto tax news, reporting rules, compliance guidance, audits, and policy changes affecting digital asset holders and businesses.
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Top Taxes Stories
Legal
German court denies crypto owner’s attempt to claim $3.6 million as ‘data set’
The Federal Fiscal Court (BFH) announced that a private crypto investor from Cologne must pay tax on his crypto gains.
Adoption
Historic legacy bank enables Brazilians to pay taxes using crypto
Banco do Brasil has partnered with Bitfy so users can pay taxes with cryptocurrencies as easily as paying for a ticket by scanning a barcode.
Latest Taxes News & Analysis
Analysis
Only 58% of American crypto investors reported tax returns in 2022 – CoinLedger
The survey was conducted by CoinLedger in December 2022 and included 305 American adults who own or invest in crypto.
Taxes
IRS broadens tax requirements for crypto to encompass everyone
The IRS said tax and reporting requirements are now mandatory for everyone who received, earned, transferred, or sold cryptocurrencies.
CBDCs
Spanish central bank approves digital Euro token EURM
Monei to issue El Banco de España digital currency pilot to last up to 12 months.
Exchanges
Korean tax authorities investigate Bithumb, subsidiaries
The National Tax Service opened a "special tax investigation" into Bithumb, including the individual Kang Jong-hyeon, who is alleged to be the company owner.
Exchanges
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.
Taxes
Italians to pay 26% crypto gains tax from 2023
Crypto trading gains are subject to the 26% Italian tax rate once they exceed 2,000 euros per tax period.
More Taxes News Headlines
Regulation
The Majilis approve new crypto regulation bill in Kazakhstan
Adoption
Op-ed: Is SBF a superhero, villain or simply misunderstood by the crypto community?
Taxes
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
CBDCs
