Tag: tax compliance
Blockchain Association Challenges IRS Tax Rules on Cryptocurrency Transactions
The Blockchain Association opposes IRS tax regulations affecting cryptocurrency, citing misunderstandings of digital assets and potential privacy violations.
Global Governments Unite to Tackle Crypto Taxation with New Reporting Framework
Nearly 50 nations endorse the CARF to enhance global cooperation in cryptocurrency tax reporting, set for implementation by 2027.
Global Efforts to Transpose the Crypto-Asset Reporting Framework: What You Need to Know
Nearly 50 nations have pledged to adopt CARF, enhancing tax compliance and curbing evasion. What does this mean for cryptocurrency users?
Glassnode Sells Accointing to Focus on Institutional DeFi Solutions
Glassnode sells Accointing to focus on institutional DeFi solutions ahead of major upcoming regulations. A strategic shift in the crypto landscape.
Cracking Down on Crypto: The J5’s Cyber Challenge Against Tax Fraud
Explore the groundbreaking Cyber Challenge by J5, targeting tax fraud through global cooperation and innovative strategies. Uncover best practices for crypto tax compliance.
Nigeria’s New Finance Act: Taxing Digital Assets for Economic Growth
Explore the implications of Nigeria’s Finance Act 2023 which introduces a 10% tax on cryptocurrency gains, aiming for economic growth and fiscal transparency.
Congress Calls for Stricter Tax Regulations on Cryptocurrency Industry
Two Congress members urge Treasury and IRS to implement tax regulations for the cryptocurrency industry amid rising concerns over tax evasion.
DAC8: New Tax Rules for Crypto Assets in the EU Explained
Explore the new EU DAC8 tax rules for crypto assets and how they impact reporting, transparency, and anti-money laundering measures.
EU’s New DAC8 Directive: What You Need to Know About Extended Crypto Tax Reporting
Explore the DAC8 directive and its impact on crypto tax reporting in the EU, including key requirements for CASPs and implications for users.
Celsius Bankruptcy Report Reveals Deceptive Practices and Financial Mismanagement
Shoba Pillay’s report reveals Celsius’s internal deception, financial mismanagement, and potential legal consequences for executives.
