Former head of the IRS Crypto Unit, Trish Turner, has left her post after just under three months, joining Crypto Tax Girl as their new Tax Director. This […]
Japan Preps 20% Flat Tax for Crypto Gains, Aiming for a Stronger Digital Asset Market
To boost its crypto market competitiveness and attract more investment, Japan’s Financial Services Agency (FSA) is proposing major reforms. A new flat tax of 20% will be imposed […]
New York Lawmaker Proposes 0.2% Tax on Digital Asset Transactions
New York Assemblymember Phil Steck has introduced a bill to impose a 0.2% excise tax on all transactions involving digital assets, including cryptocurrencies and non-fungible tokens (NFTs). The […]
Brazil Enacts Flat 17.5% Crypto Tax, Affecting Residents’ Gains
Brazil has implemented a significant tax reform for cryptocurrency assets, imposing a flat 17.5% income tax rate on all gains held by residents. This new policy, effective June […]
Brazil Enacts New Cryptocurrency Tax Policy
Brazil has implemented significant changes to its cryptocurrency tax policy. The country’s new decree, Decree No. 1303, establishes a uniform 17.5% tax rate for individual profits derived from […]
IRS Appoints Veteran Crypto Expert to Lead Digital Assets Office
The Internal Revenue Service (IRS) has appointed Trish Turner as the new head of its Digital Assets Office, marking a significant leadership change following key departures in cryptocurrency […]
IRS Leadership Resigns, Accepting DOGE Deferred Resignation Plan
Two top IRS officials, Seth Wilks and Raj Mukherjee, have resigned from their positions, joining the controversial DOGE deferred resignation plan. Their departure comes as a surprise to […]
Slovenia Eyes 25% Crypto Trading Profit Tax: Will It Impact the Industry?
Slovenia’s Finance Ministry has proposed a significant tax reform for cryptocurrency traders, aiming to impose a 25% levy on profits from trading cryptocurrencies. This proposal is set to […]
Ukraine Proposes Crypto Tax Framework: Rates Up to 23%
The National Securities and Stock Market Commission (NSSMC) of Ukraine has proposed a comprehensive tax framework for cryptocurrency transactions, aiming to generate revenue while navigating a dynamic crypto […]