For unpaid taxes, South Korea seizes cryptocurrency worth US$184 million
According to local media sources, cryptocurrency assets confiscated from alleged tax evaders in South Korea in 2021 and 2022 totaled close to 260.
Crypto News
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1%TDS Avoidance May Land You in Trouble; Government Clarifies On Off Shore Exchange Trading
Not paying taxes while trading on a foreign exchange may draw government's ire. 7 years of rigorous imprisonment for certain if found guilty.
Crypto News
As a result of the 30 percent tax, the volume of Indian crypto exchanges has decreased
Just ten days after the tax rule went into effect, new data on the trading volume of Indian crypto exchanges shows a dramatic.
Crypto News
The Indonesian government has set a 0.1 percent cryptocurrency tax to be implemented in May
The Indonesian Ministry of Finance’s Directorate General of Taxes has established a 0.1 percent income tax (PPh) on capital gains from crypto investments.
Crypto News
Crypto profits, according to Indian tax officials, are similar to lottery winnings
The Indian government has been hesitant to legalize cryptocurrencies. However, they are well aware that there is a lot to be made from.
Crypto News
If the crypto bill is approved, Russia might collect $13 billion in taxes
Russia is making progress on its crypto bill, with the Ministry of Finance requesting public input by the middle of next month to.
Crypto News
To collect tax debts, the Argentine Tax Authority will be able to seize digital wallets
The Argentinian Tax Authority, or AFIP, has listed digital wallet funds as one of the assets that can be taken from taxpayers to.
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IRS Commissioner reminds: Crypto Tax is ‘a top enforcement priority’
The Internal Revenue Service of the United States (IRS) continues to propose new tax regulations to regulate cryptocurrency investments in the United States..
Crypto News
Coinbase warns crypto elements in the infrastructure bill may affect 20% of the U.S. population
The Coinbase Global Tax V.P. blasted Congress into a crypto tax agreement. They said that 60 million Americans might suffer from the measure..
Bitcoin News
Anatoly Aksakov says he would have bought BTC.
Anatoly Aksakov, one of the most prominent Bitcoin critics Russian official, stated that he wanted to buy Bitcoin before the ban, but the.