The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have
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Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.
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Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023.
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Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with
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Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class.
Read moreTAXING NON FUNGIBLE TOKENS ( NFTs):
“This is something people hardly consider when moving in and out of NFT projects, the tax liability might become a serious burden for… Continue reading
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