Tag: Crypto Taxation

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Russia Proposes 15% Tax on Crypto and Mining Restrictions

Russia is proposing a 15% tax on cryptocurrency earnings, signaling a shift in regulations for crypto miners and transactions. The draft amendment, introduced by the Ministry of Finance on Monday, aims to create a structured framework for cryptocurrency taxation and mining operations in the country. New Russia Crypto Tax Framework The proposed legislation includes a […]
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US Treasury, IRS finalize New Crypto Tax Reporting Rules

By Hannah Lang (Reuters) – The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users’ sales and exchanges of digital assets to the Internal Revenue Service related to New Crypto Tax Reporting Rules. Impact of New Crypto Tax Reporting Rules Requirements The […]
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Brazil to Revise Cryptocurrency Taxation Guidelines

Brazil is on the brink of unveiling a new proposal for cryptocurrency taxation in a forthcoming bill to be presented to the National Congress in the coming days. This bill suggests taxing cryptocurrencies in a manner akin to shares and capital instruments with fluctuating exchange rates, rather than classifying them as goods. Brazil Prepares to […]
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