taxes | ForkLog

ForkLog 15 12.05.2021

Hungary to halve tax on crypto trading profits

The tax rate on profits from cryptocurrency transactions in Hungary will be 15%, down from the current 30.5%, as part of a GDP-stimulus program. The proposals were presented by economy minister Mihály Varga.

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ForkLog 12 11.05.2021

Indonesia to discuss introducing tax on cryptocurrency profits

Indonesian authorities plan to tax profits from cryptocurrency trades.

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ForkLog 21 10.05.2021

Opinion: SARS to top up the budget through crypto traders

The South African Revenue Service (SARS) is looking to increase budget revenues from holders of digital currencies. This view is shared by Thomas Lobban, head of the cross-border taxation unit at Tax Consulting South Africa, according to BusinessTech.

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ForkLog 5 06.05.2021

IRS to gain access to Kraken customer data

A federal district court in the United States ordered Kraken to provide the IRS with information about users who conducted large trades in 2016–2020.

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ForkLog 14 03.05.2021

South Koreans back tax on cryptocurrency traders

More than half of Realmeter's survey participants supported introducing a capital gains tax on cryptocurrency trading in South Korea.

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ForkLog 29 30.04.2021

Trezor touts strong protection against government attempts to hack wallets

The developers of the Trezor hardware wallet highlighted its resilience against attempts to breach wallet security as US authorities plan to build a tool to bypass protections and access crypto assets.

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ForkLog 13 23.04.2021

Seoul residents’ cryptocurrency worth $22m seized over tax evasion

The Seoul government seized digital currency worth 25 billion won ($22 million) from private individuals and company executives who evaded taxes.

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ForkLog 15 19.04.2021

Miami-Dade authorities weigh paying taxes in bitcoin

Miami-Dade County Commissioner Cohen Higgins announced the creation of a task force to study the possibility of paying taxes in digital assets.

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ForkLog 21 15.04.2021

Ukraine backs prison terms for concealing cryptocurrency holdings worth more than $40,500

On 15 April, the Verkhovna Rada of Ukraine approved in the first reading a bill that reinstates criminal liability for false declarations by officials.

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ForkLog 8 15.04.2021

In Ukraine, proposal to include Bitcoin wallet addresses in declarations

The public union "Virtual Assets of Ukraine" proposed to the head of the National Agency for the Prevention of Corruption, Alexander Novikov, changes to the cryptocurrency declaration process.

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ForkLog 24 15.04.2021

Ukrainian MP reveals loss of access to wallet containing 400 BTC

Ukrainian officials who declared Bitcoin holdings worth billions of hryvnias say they do not realise the trouble they’ve landed in; this was stated by Verkhovna Rada deputy David Arakhamiya.

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ForkLog 38 09.04.2021

Ukrainian deputy retracts 18,000 BTC cited in his declaration

Dnipro City Council deputy Vyacheslav Mishalov, who declared 18,000 BTC for 2020, said the data were erroneous.

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