tax
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Cryptocurrency
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
advertisement The Biden administration has proposed a new tax on cryptocurrency mining, as seen in the 2024 budget plan released…
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Cryptocurrency
Biden to propose changing crypto tax rules: WSJ
advertisement US President Joe Biden plans to propose changes to cryptocurrency taxation in the upcoming budget plan, according to a…
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Cryptocurrency
Only 58% of American crypto investors reported tax returns in 2022 – CoinLedger
advertisement a investigation We found that 58% of U.S. crypto investors reported taxable crypto holdings in 2022 — a 4%…
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Cryptocurrency
IRS broadens tax requirements for crypto to encompass everyone
Latest report Are you a cryptobottom in?Onchain says yes, Macro says pain occurs after a baited pause Is Bitcoin poised…
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Cryptocurrency
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
According to recent data, Indian crypto exchanges lost about 97.1% of their trading volume between January and October 2022. research.…
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Cryptocurrency
Italians to pay 26% crypto gains tax from 2023
the Italian parliament approved On December 30th, a 26% tax will be implemented on cryptocurrency-related profits over €2,000. This new…
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Cryptocurrency
Italy to impose 26% crypto gains tax from 2023
Italy plans to tighten regulations on cryptocurrencies by taxing capital gains from 2023. According to the European country’s proposed budget…
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Cryptocurrency
US tax watchdog classifies NFT as digital assets for tax purposes
The U.S. Internal Revenue Service (IRS) may start taxing non-fungible tokens (NFTs). draft instructions Applies to tax year 2022. According…
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Cryptocurrency
Binance applies LUNC tax burn to trades including past transactions
binance announced The exchange began applying a 1.2% tax burden on Terra Luna Classic (LUNC) transactions. The announcement said: “Binance…
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