Tag: tax
Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in…
Sovos Debuts All-In-One Platform for Tax and Regulatory Reporting
Sovos, a provider of tax compliance solutions, has unveiled a platform that integrates compliance, tax, and regulatory…
HMRC Readies Itself to ‘Intensify Tax Crackdown’ on Cryptocurrency Sellers and Holders
Shortly after HM Revenue and Customs (HMRC) set out to clamp down on tax avoidance by forcing…
AI Impact in 2024: Predictions By INZMO, Toqio, Midaxo, DECTA, Alveo, Infosys, BlueFlame, Tax Systems
It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments…
Grayscale mulls over potential tax implications for spot Bitcoin ETFs
Grayscale is evaluating the possible tax consequences associated with spot Bitcoin (BTC) exchange-trade funds (ETF), prompted by…
Brazil signs its overseas crypto tax bill into law
The President of Brazil, Luis Inácio Lula da Silva, has signed a law introducing the taxation of…
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful…
Kenyan crypto tax bill makes it through Parliamentary Committee
A bill defining crypto assets as securities and featuring the capital gains tax on them made it…
IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the…
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets…