Hong Kong Opens Public Consultation on New Crypto Tax Reporting Rules
Hong Kong has recently announced the launch of a public consultation for CRS’s revision and CRF’s implementation. Consultation for the Common Reporting Standard (CRS) and…
Posts Tagged: Crypto tax
IRS Investigation Head Anticipates Increased Crypto Tax Evasion in 2024
The US Internal Revenue Service is preparing for a worse scenario in crypto tax compliance. The Chief of Investigation of the IRS stated that a…
Australian Taxation Office Expands Crypto Tax to Wrapped Tokens, DeFi
The Australian Taxation Office (ATO) clarified cryptocurrency taxation recently. This crypto tax clarification expands the capital gains tax (CGT) to wrapped tokens and DeFi. The…
JBA Proposes 20% Standard Tax Rate for Crypto Transactions
According to reports, the Japan Blockchain Association (JBA) is calling on the government to make significant changes to the tax rate for crypto assets. The…