crypto tax
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Tech News
Crypto Taxes Generated $78 Million in Kenya, Authorities Target Over $460 Million
The financial authorities of Kenya managed to collect KES 10 billion (roughly $77.3 million or Rs. 653 crore) from VASPs…
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Tech News
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
Earlier this week, the UAE announced changes to its tax policy, exempting certain crypto transactions from Value Added Tax (VAT).…
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Tech News
Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan is set to begin a review of the nation’s cryptocurrency rules, opening up the possibility of lower taxes on…
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Tech News
BWA Anticipates Tax Revisions Before Union Budget, Commends Indian Firms Embracing Web3
The Bharat Web3 Association (BWA) met with industry stakeholders in New Delhi on July 11, ahead of the upcoming budget…
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Tech News
Mudrex, KoinX Partner to Process Crypto Taxes for Users in India
Mudrex, a crypto investment platform headquartered in Bengaluru, has entered into a partnership with crypto tax computing platform, KoinX. As…
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Tech News
Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities
The authorities in Malaysia are said to be cracking down on crypto tax evaders. As part of a special investigation…
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Tech News
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
India concluded its general elections on June 1, with results last week paving the way for the re-election of Narendra…
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Tech News
CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that attempts to highlight issues with India’s crypto tax policies, while seeking reforms from the…
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Tech News
Mudrex, ClearTax Partner to Assist Users Compute and File Crypto Taxes for a Fee
Mudrex, a crypto investment platform founded by Indian entrepreneurs, has struck a partnership with tax computing platform ClearTax. The crypto…
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Tech News
Crypto Tax Compliance in India ‘Very Low’, Clearances Imperative to Gain Government’s Trust: Taxnodes CEO
Several crypto investors in India have failed to pay 30 percent tax on profits they made via crypto activities in…
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Tech News
IRS Expects to See Spike in Crypto Tax Evasion Cases in the US: Report
The US, where estimates suggest 40 percent of adults currently hold crypto assets, is expecting to see a rise in…
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Tech News
CoinDCX Seeks Advice to Grow India’s Web3 Sector, Experts Call for Early Test Beds and Education
The crypto scene in India is getting more sophisticated with the government gradually deploying regulations to oversee the industry’s safety.…
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