Crypto tax Archive

South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

In late August, the South African Revenue Service (SARS) released new guidelines that clarify

White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill

The White House has endorsed an amendment to the $1 trillion Infrastructure bill that

US Senator Says Crypto Tax in Infrastructure Bill Is ‘Unworkable,’ Plans to Offer Amendment to Fix It

Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1

Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan

U.S. President Joe Biden and lawmakers have agreed on the details of a roughly

South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes

The South Korean government has proposed an amendment to the tax code to allow

Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May

Taxpayers in Brazil have only a couple of days left to file their annual

South African Crypto Holders Urged to Approach Tax Body Before It Descends on Them

A South Africa-based tax expert, David Lesperance, says with the country’s revenue collector now

South Korea to Impose a 20% Tax on Crypto Mining Activities

The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe