[ad_2][ad_1] The UK Tax Collection Service published its first detailed tax legislation for private cryptocurrency holders on December 19 following a lengthy consultation period. His new political document, "Cryptoassets for Individuals", establishes probable tax obligations for private investors who buy, sell, get paid and even lose cryptocurrency. By limiting the …
Read More »France rejects tax amendments compatible with the cryptocurrency
[ad_2][ad_1] Taxes The French National Assembly rejected a series of tax amendments aimed at lowering fees for merchants and cryptocurrency users. Among the rejected amendments there are those related to capital gains and capital gains and to the encrypted tax exemptions. Read also: The Indian Supreme Court moves the cryptographic …
Read More »The Australian Tax Office (ATO) seeks annual tax returns to derive from cryptocurrency
[ad_2][ad_1] Regulators are framing stringent sets of laws to effectively regulate cryptocurrencies or digital resources within regions. Just like the Hong Kong-based SFC scheduled to strengthen regulations, the Australian Tax Office or ATO has sent warnings to Australians to open their annual returns from cryptocurrency. "However, we have seen through …
Read More »Shenzhen Economic Zone to implement the blockchain tax invoice system via WeChat payments
[ad_2][ad_1] The economic zone of Shenzhen wants to implement the blockchain for electronic tax invoices Shenzhen will start using blockchain technology for electronic tax invoices. The city is one of the most important in China and aims to improve the taxation system. Information was released from the local Economic Net …
Read More »Bitcoin [BTC] it is tax free in Wyoming; IRS or Feds can not get anything from Wyoming says, Wall Street veteran
[ad_2][ad_1] Caitlin Long, former president and president of Symbiont.io and a Wall Street veteran who has actively participated in the Bitcoin community since 2012, spoke of the current state of cryptocurrency and taxation regulation. Long, who is at the forefront of making Wyoming a friendly state for cryptocurrencies and startups …
Read More »Special Economic Zone of Shenzhen to use Blockchain for electronic tax invoices
[ad_2][ad_1] Shenzhen, an important city in Guangdong province and the first special economic zone in China, will use blockchain technology for electronic tax invoices. This development was reported by the China Economic Net, a national news website that focuses on the economy on December 12th. The Shenzhen Municipal Taxation Bureau …
Read More »British Lawmaker Proposes Tax, Utility Bill Payments in Bitcoin
[ad_2][ad_1] Finance U.K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would be the country at the forefront of digital currency adoption in …
Read More »The British deputy wants the local tax paid in the crypt
[ad_2][ad_1] Citizens may soon pay their local taxes and bills using Bitcoin and other cryptocurrencies. A member of the British parliament, Eddie Hughes, Conservative MP for the Walsall North constituency, wants UK residents to be able to pay local taxes and bills using cryptography. According to reports, Hughes believes it …
Read More »The Japanese legislator proposes 4 tax cuts for Crypto users and traders
[ad_2][ad_1] Taxes A Japanese lawmaker proposed four changes to Japan's tax law for the benefit of crypto users and merchants, as well as expanding the adoption of cryptocurrency in the country. The current 55 percent tax rate could be lowered to 20 percent while cryptography encryption and small payments could …
Read More »The Japanese legislator proposes 4 changes to ease tax burdens
[ad_2][ad_1] A Japanese legislator has proposed a series of changes to the current tax regime in order to lighten the burden on cryptocurrency users and encourage the adoption of cryptocurrencies in the country. At a meeting held earlier this month, Takeshi Fujimaki, a representative of the political party Nippon Ishin, …
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