Russia approves 15% tax on crypto mining and transactions
Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on ...
Tag: tax
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first ...
New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and ...
Nigeria’s tax watchdog proposes comprehensive crypto bill
The Federal Inland Revenue Service’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward ...
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI) ...
Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Source link
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” ...
Binance’s Nigerian Tax Evasion Ruling Set for October After Not Guilty Plea: Report
The world’s top crypto exchange Binance is now facing an October 11th Nigerian court date for tax evasion charges, according ...
Binance tax evasion verdict set for October
Binance's lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, ...
Biden Administration Finalizes New Crypto Rules to Crackdown on Tax Evasion
The Biden administration is imposing reporting requirements for crypto platforms to ensure that Americans file accurate taxes on digital asset ...