Japan is considering cutting its cryptocurrency tax rates by half, potentially impacting Bitcoin and other cryptocurrencies. This move aims to attract Web3 businesses and investors by creating a […]
Nigeria Tightens Tax Rules for Foreign Digital Firms, Boosting Revenue
Nigeria is enacting stricter Value Added Tax (VAT) rules for foreign digital service providers, including streaming platforms like Netflix and cloud providers such as AWS. This move aims […]
India Set for Major GST Overhaul by 2025
Prime Minister Modi’s ambitious plan to revamp India’s Goods and Services Tax (GST) system is set for implementation by Diwali 2025. This overhaul aims to simplify the tax […]
Japan’s FSA Proposes Crypto ETF-Friendly Tax Reforms, Spurring Institutional Interest
Japan is poised to unlock greater crypto adoption, particularly among institutional investors. A significant tax reform proposal from the Financial Services Agency (FSA) aims to alleviate the punitive […]
Japan’s FSA Proposes Bold Crypto Tax Reforms for Expanded ETF Listings
The Financial Services Agency (FSA) in Japan has unveiled ambitious plans to reform crypto taxation, effectively reclassifying digital assets and paving the way for expanded cryptocurrency exchange-traded fund […]
Japan to Introduce Flat 20% Crypto Tax, Boosting Market Potential
Japan’s Financial Services Agency (FSA) is proposing a significant tax reform for the cryptocurrency sector. Aiming to simplify regulations and boost market activity, the plan will replace the […]
Japan Proposes Major Crypto Tax Overhaul: Flat 20% Rate to Apply
The Financial Services Agency (FSA) in Japan has proposed a sweeping overhaul of the country’s cryptocurrency tax system. This move aims to simplify taxation, clarify regulations, and create […]
UK Chancellor Proposes Property Tax Reform for Economic Growth
The UK’s Chancellor of the Exchequer, Rachel Reeves, has proposed a comprehensive reform of the property tax system to boost revenue and stimulate economic growth. Following her direction, […]
Crypto Tax Hopes Rise as India Unveils New Income Tax Bill
India’s government has announced a major overhaul of its income tax legislation. The new version of the Income Tax Act, set to be introduced in Parliament on August […]
Senator Lummis Proposes Bitcoin Tax Reform to Boost Industry Growth
Senator Cynthia Lummis has called for changes to the tax laws governing Bitcoin at the 2025 Bitcoin Conference, emphasizing the need for more practical and accessible use of […]
Lummis & Gillibrand Introduce Bipartisan Crypto Tax Bill
Sens. Lummis and Gillibrand have introduced a bipartisan bill to overhaul outdated crypto tax regulations, aiming to modernize how Bitcoin and digital assets are taxed. The proposal exempts […]
U.S. Fund Managers Fear Investor Exodus as Tax Bill Sparks Concerns over Foreign Investments
The American fund management industry faces potential damage due to provisions in Section 899, a provision of the recently passed tax bill aiming to penalize foreign companies with […]
Senate Gridlock Persists Over Trump’s Massive Tax Bill
With less than a month left before their July 4th deadline, Senate Republicans are struggling to unify around President Trump’s ambitious tax-and-spending proposal. Known as the ‘big, beautiful […]
Senator Lummis Proposes Cryptocurrency Tax Reform, Aiming for Billions in Revenue
Senator Cynthia Lummis is pushing for a major overhaul of cryptocurrency taxation in the US. Her proposal seeks to extend the wash-sale rule, currently used for securities trading, […]
Crypto Tax Reform Proposal Gains Momentum: Senators Advocate for Systemic Change
A major push to overhaul the U.S.’s approach to cryptocurrency taxation is underway. Senator Cynthia Lummis, a Republican from Wyoming, has proposed amendments to her party’s tax and […]