taxes | ForkLog

ForkLog 9 19.11.2021

U.S. government to replenish the budget in 2022 through cryptocurrency seizures

The U.S. Internal Revenue Service (IRS) plans to seize billions of dollars worth of cryptocurrency next year for offences, Bloomberg reports.

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ForkLog 23 17.11.2021

US Senator proposes removing crypto brokers from infrastructure plan

The Republican senator from Texas, Ted Cruz, introduced a bill aimed at scrapping the infrastructure package provision that would tighten reporting requirements on 'brokers' in the digital asset industry.

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ForkLog 9 10.11.2021

Village council deputy in Ukraine declares 124 BTC and 500 Tesla shares

Vladimir Pachesny, a deputy of the Virovsky rural council in Rivne region, declared 500 Tesla, Inc. shares and 124 BTC. The document with data for 2019 was filed back in July 2021, but local media only drew attention to it now.

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ForkLog 13 10.11.2021

Austria to treat cryptocurrencies as securities for tax purposes

From March 2022, Austria could introduce a capital gains tax on digital asset transactions at 27.5%. This aligns with the rates on stocks and bonds, Bloomberg reports.

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ForkLog 11 10.11.2021

Ukrainian MP could not confirm ownership of declared cryptocurrencies

Ukrainian People's Deputy Anna Skorohod did not provide to the National Agency for Prevention of Corruption (NAZK) documents confirming the existence of previously declared cryptocurrencies.

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ForkLog 20 06.11.2021

U.S. House passes $1.2 trillion infrastructure plan

The U.S. House of Representatives voted to pass the $1.2 trillion infrastructure plan without crypto-industry amendments.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 7 29.10.2021

BitNalog Recognised as Best Startup of 2021

An automated service for legitimate handling of digital currencies in Russia, BitNalog, has become the most promising cryptocurrency startup of 2021.

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ForkLog 48 27.10.2021

Slovenia to discuss taxation of cryptocurrency transactions

The Slovenian Ministry of Finance has put forward for public discussion an initiative to introduce a tax on cryptocurrency transactions. The relevant information is published on the e-government portal.

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ForkLog 15 27.10.2021

Kazakhstan estimates annual budget receipts from legal miners

Cryptocurrency mining could generate more than $300 million in potential tax receipts for Kazakhstan's budget.

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ForkLog 13 11.10.2021

South Korea’s opposition urges delay to cryptocurrency taxation

Representatives of the People Power Party in South Korea have drafted a proposal to defer the introduction of a capital gains tax on cryptocurrency trades. The Korea Herald reports this.

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ForkLog 13 04.10.2021

Cardano investors in Japan underpay about $6 million in taxes, audit finds

Japanese residents underpaid about ¥1.4 billion (~$12.6 million) in taxes, with half of the amount tied to Cardano (ADA) transactions, according to an audit by Nikkei.

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ForkLog 15 01.10.2021

South Korea sticks to plans to tax bitcoin traders from 2022

The government of South Korea fended off an attempt by lawmakers to delay for a year the introduction of a capital gains tax on cryptocurrency trades, according to CoinDesk Korea.

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