The US, in recent years, has emerged as a hotspot for crypto miners to establish their…
Tag: CRYPTO TAX
WazirX Ties Up With Taxnodes to Simplify Crypto Tax Computations, Filings
WazirX, the Indian crypto exchange, announced its partnership with Singapore-based TaxNodes on Tuesday, May 2. The…
Only 0.07 Percent Indian Crypto Holders Paid Taxes in 2022: Divly Report
The crypto community of India has not been very supportive of the tax rules that the…
Crypto Firms Seek Tax Relaxation From Government Ahead of Union Budget
India’s contribution in the development of Web3, metaverse, and blockchain could increase multi-fold, if more Indians…
KoinX Launches Crypto Tax Tool for Indian CAs, Aims to Spike Userbase by 400 Percent
KoinX, India-born crypto taxation platform, is aiming at increasing its userbase by 400 percent in 2023.…
Italy Imposes 26 Percent Capital Tax on Crypto Profits Above This Amount
Italy’s parliament has decided to impose a 26 percent capital tax on profits exceeding $2,060 (roughly…
UK PM Rishi Sunak Revokes Tax Payments for Foreign Crypto Buyers: Details
Rishi Sunak, the Prime Minister of the UK, is actively working on shaping up the crypto…
India’s Crypto Tax Regime Draws Criticism from Bharat Web3 Association
India’s tax rules, that have often found themselves at the end of criticism from Indian investors,…
Italy Wants to Levy a 26 Percent Tax on Crypto Profits Exceeding $2,000
Italy has proposed a draft crypto law bill that would allow the country to levy a…