Tags: Tax

The United Kingdom government is targeting crypto traders and investors in its latest tax raid, while demanding reams of personal information. 

Thailand is offering tax incentives to local investors in its effort to become a regional digital assets hub. 

Currently, India only regulates crypto under anti-money laundering and electronic funds transfer laws, but wider regulations are under review.

The IRS’s new 2025 rule will require centralized crypto platforms to report user transaction data.

IRS’s 2025 crypto relief for CeFi users is automatic. Taxpayers are not required to file or take action immediately.

Finnish authorities claim Heart evaded taxes between 2020 and 2024, with alleged unpaid dues amounting to hundreds of millions of euros.

Prosecutors have accused Kim of concealing crypto profits of $1.5 million and transferring assets into bank accounts to avoid detection.

Binance faces $86M in unpaid GST demands and scrutiny over $480M in transaction fees reportedly funneled to Nest Services Ltd.

Russia’s crypto tax framework introduces a 13%-15% sales tax and exempts mining services from VAT under strict reporting rules.

Many fear Italy’s increased tax burden will drive crypto investors to relocate to friendlier jurisdictions.

Harris’s economic advisor tried to ease concerns about how perilous the tax could be, but CNBC’s hosts weren’t buying it.

Kamala Harris’s campaign says she’ll support the tax increases on wealthy earners already proposed by Biden – which will likely include a 25% tax on unrealized capital gains.