#taxation

12:23pm, 29th June, 2023

Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation

Lawmakers in Slovakia have new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the...

Biden's policy on crypto taxation undermines his environmental goals

7:13pm, 27th March, 2023

Crypto Wiki

Biden's policy on crypto taxation undermines his environmental goals

We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.

Kenyan legislation establishes crypto taxation, creates consumer protections

2:27pm, 21st November, 2022

Crypto Wiki

Kenyan legislation establishes crypto taxation, creates consumer protections

The country’s first effort at crypto regulation amends the country’s Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.

CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry

8:54pm, 6th November, 2022

Financial News

CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry

The Indian government has maintained a bullish stance on its income tax on crypto assets. The government demonstrated this with the proposal of a Cryptocurrency and Regulation of the Official Digital Currency Bill in 2021. However, cryptocurrencies a...

Which countries are the worst for crypto taxation? New study lists top five

6:19am, 8th September, 2022

Crypto Wiki

Which countries are the worst for crypto taxation? New study lists top five

Crypto analytics firm Coincub has released crypto tax rankings, pointing out the worst and the best countries regarding crypto taxation.

Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?

4:07am, 6th July, 2022

Financial News

Crypto Trading Volumes In India Sink Due To Heavy Taxation, What’s Ahead?

Cryptocurrency trading is taking another pattern and shape in India due to the implementation of taxation laws. As a result, the traders are experiencing a different turn in their transactions lately in the country. The new rule in India for 1% taxat...

UK government seeks public input on DeFi taxation

7:11am, 5th July, 2022

Crypto Wiki

UK government seeks public input on DeFi taxation

The HMRC is asking for input from investors, professionals, and organizations involved in DeFi-related activities.

Crypto taxation could deter investors, says Thai ruling party MP

5:56am, 21st January, 2022

Crypto Wiki

Crypto taxation could deter investors, says Thai ruling party MP

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

Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation

3:42am, 18th January, 2022

Financial News

Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation

Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As the new year begins, the revenue department of Th...