taxes | ForkLog

ForkLog 16 27.03.2022

Rio de Janeiro authorities to allow paying property tax in bitcoin

In 2023, the Rio de Janeiro administration will amend the legislation to allow paying property tax with bitcoin. This was announced by Chicão Bulhões, head of the city's Department of Economic Development and Innovation.

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ForkLog 19 25.03.2022

Indian Parliament passes law taxing cryptocurrency transactions

The Lok Sabha, the lower house of India's Parliament, approved the Finance Act with contentious amendments relating to the taxation of digital assets. The new rules will come into effect on 1 April 2022.

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ForkLog 9 23.03.2022

State Duma requires election candidates to disclose cryptocurrency purchases

The State Duma of the Russian Federation passed a law obliging election participants to disclose data on expenditures for acquiring digital financial assets (DFAs) and cryptocurrencies.

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ForkLog 10 21.03.2022

India tightens crypto trading tax rules

The Indian Ministry of Finance has determined that when calculating taxes traders will not be able to offset losses in one digital asset with profits in another.

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ForkLog 11 21.02.2022

Chinese customs seize 49 smuggled Bitcoin miners

Huangpu Customs in Guangdong province, PRC, said it had seized 49 Bitcoin miners no longer in operation. They were being transported across the border with false information in export documents, local media report.

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ForkLog 10 21.02.2022

Colorado to accept tax payments in cryptocurrencies

By summer 2022, Colorado authorities will allow taxes and fees to be paid in cryptocurrencies. Governor Jared Polis announced this at the ETHDenver conference, The Block reports.

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ForkLog 13 18.02.2022

Russian Finance Ministry will temporarily abandon a special taxation regime for miners

The Russian Ministry of Finance will not focus on a special tax regime for miners in the first version of the bill regulating their activities.

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ForkLog 11 18.02.2022

Illinois lawmakers propose tax incentives for miners

In Illinois, the state Senate introduced a bill proposing to expand the tax-incentive program for data centers involved in mining bitcoin and other cryptocurrencies.

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ForkLog 20 15.02.2022

Duma, in second reading, allows seizure of digital assets from officials

On February 15, the State Duma approved in the second reading a bill allowing the state, through the courts, to seize from officials digital assets and funds in bank accounts.

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ForkLog 23 15.02.2022

Kazakhstan considers tenfold rise in mining tax

The Ministry of National Economy of Kazakhstan proposed increasing the mining tax on cryptocurrencies tenfold.

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ForkLog 5 14.02.2022

Lawyers flag trend toward NFT market regulation in 2022

In 2022, tax authorities and other government agencies will devote close attention to regulating the NFT industry, according to representatives of Baseley & Partners at the ForkLog conference 'Why NFTs Are So Expensive?'

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ForkLog 30 14.02.2022

Russia’s Finance Ministry Outlines Preliminary Scheme for Taxing Cryptocurrencies

The Russian Finance Ministry has proposed levying a tax on the revaluation of cryptocurrency for companies.

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