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Portugal a crypto tax-free nation, again – At least for now

A proposal to tax Bitcoin and other cryptocurrencies was rejected by Portugal’s parliament today. Left-wing parties Bloco de Esquerda and Livre advocated taxing digital...

Upbit reveals year-end tax deduction tips… “Get a cash receipt for the KRW market fee”

The application for issuance is completed only by entering the mobile phone number Upbit has released tips for deduction of income through...

National Tax Service Announces Upbit, Bithumb, Korbit, and Coinone Virtual Asset Business Operators

On the 28th, the National Tax Service announced on the 28th virtual asset business operators to evaluate assets when inheriting or donating virtual...

Provisional agreement to defer virtual asset taxation for one year and ease transfer tax… Afternoon Subcommittee

The ruling and opposition parties have tentatively agreed on a bill to delay the taxation of virtual assets from 2022 to January 2023....

UK’s HMRC to levy 2% tax on crypto-platforms as they don’t qualify for exemptions

The unprecedented appreciation in cryptocurrency gains over the past year has taken the world by storm. Cryptocurrency exchanges too have seen massive gains due...

India considering new 2% tax on all cryptos bought outside of the country

Indian investors looking to buy Bitcoin (BTC/USD) and other cryptocurrencies might have to pay about 2% more if they bought them from exchanges outside...

US Internal Revenue Service “Cryptocurrency, classified as property… Seized for debt repayment in case of non-payment of tax”

The US Internal Revenue Service (IRS) is preparing to seize shares of cryptocurrency holders who are struggling to repay their unpaid tax...

UK import authorities aim at cryptocurrency tax evaders

UHI Hacker Young, a British accounting firm, said, "The British tax authorities, Her Majesty's Tax and Customs (HMRC), are trying to crack...

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