A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its
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Biden Budget Proposal Targets Crypto Investors Using Like-Kind Exchange Provision; Plan Aims to Tax Crypto Miners 30%
On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the
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Biden wants to double capital gains and clamp down on crypto wash sales: Reports
The Biden administration wants to apply the wash sale rule to digital assets.
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NFT Creators Investigated in Israel for Alleged Tax Evasion
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the
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Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow
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Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations,
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