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Tag: Taxation

Russian Government Approves Plan to Regulate Cryptocurrency

February 9, 2022 wp-bot Bitcoin News

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected

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Russia Eyes $13 Billion in Taxes From Crypto Economy

February 9, 2022 wp-bot Bitcoin News

Authorities expect to collect more than $13 billion as tax payments from the crypto market in Russia, according to a government document quoted by media.

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Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

February 9, 2022 wp-bot Bitcoin News

Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the

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Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says

February 6, 2022 wp-bot Bitcoin News

Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated.

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Court victory precedent: IRS may not tax staking rewards until sold

February 3, 2022 wp-bot Cointelegraph

The Nashville couple’s case against the IRS compared unclaimed and unsold crypto rewards to an unsold book from a writer, and will be rewarded a

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Crypto taxation could deter investors, says Thai ruling party MP

January 21, 2022 wp-bot Cointelegraph

Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax.

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