[ad_1] Kenyan lawmakers are considering introducing a 3% tax on cryptocurrency and non-fungible token transfers (NFT) and a 15% tax on monetized online content, according to a recently introduced bill. Introduced into…
Category: tax
El Salvador President Removes Taxation On Tech Innovations
[ad_1] Nayib Bukele, the president of El Salvador and a supporter of Bitcoin, recently signed into law abolishing taxes on technological innovation in the country. The Innovation and Technology Manufacturing Incentives Act…
Tax Authorities Of Argentina Check Bitcoin Wallets For Unpaid Taxes As Inflation Hits Max
[ad_1] March 21, 2023 at 08:12 // News An annual inflation rate of 100% encourages Argentinians to increasingly choose cryptocurrencies. Bitcoin is becoming a haven for Argentinians Recent data shows that…
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements – Taxes Bitcoin News
[ad_1] The Argentine tax authority (AFIP) is stepping up its oversight of digital wallets. The agency recently disclosed that it found irregularities in at least 184 tax reports covering digital wallets and…
Study Shows QR and Digital Payments Continue Gaining Ground in Argentina
[ad_1] Recent studies conducted by Fiserv, a global payments company, show that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preferences have stagnated, use of…
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation – Mining Bitcoin News
[ad_1] The draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners who fail to report digital assets to the state. In its latest revision, the bill also…
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
[ad_1] US President Joe Biden’s upcoming budget proposal has several surprises for crypto traders and investors, including proposed doubling of capital gains for certain investors and a crackdown on crypto laundering sales….
Thailand waives crypto tax for investment tokens: Reuters
[ad_1] Policy • March 7, 2023, 6:30 PM EST The Thai cabinet has approved tax breaks for crypto companies offering investment tokens in the country, according to a statement by Minister of…