Over 65,000 warning notices were sent out by the UK’s HM Revenue & Customs (HMRC) in the latest tax year, a dramatic increase from previous years. This signals […]
Roger Ver Pays $50 Million to Settle Tax Evasion Case
Cryptocurrency investor Roger Ver, known as Bitcoin Jesus, has settled a U.S. tax evasion case for nearly $50 million. This settlement serves as a cautionary tale highlighting the […]
Jack Dorsey Advocates for Reduced Tax Burden on Small Bitcoin Transactions
Square founder Jack Dorsey has called for a tax break on low-value Bitcoin transactions, aiming to make cryptocurrency more practical for everyday use. He believes that removing capital […]
Navigating Taxes: A Primer
Let’s delve into the complexities of taxes and explore essential aspects for informed decision-making. This guide provides valuable insights for individuals and businesses alike.
Trump Proposes Replacing Income Tax with Tariffs
In a proposal that could reshape both U.S. tax policy and global trade dynamics, former President Donald Trump has suggested replacing the nation’s income tax system with tariffs. […]
Trump Proposes Tariffs as Potential Tax Replacement
In a recent statement, former U.S. President Donald Trump has suggested that tariffs could replace income tax within future tax policy adjustments. He highlighted the importance of tariffs […]
Crypto Taxes in Turkey 2025: Understanding the New Rules & Rates
Turkey’s cryptocurrency market is undergoing a significant shift. As the industry matures, regulations are tightening to enhance transparency and protect investors. In 2025, understanding crypto taxes in Turkey […]
UK Tightens Crypto Tax Rules: New Reporting Requirements Begin in 2026
The UK will enforce stricter crypto tax regulations starting January 2026, requiring all cryptocurrency holders to report transactions and face potential penalties for non-compliance. The new rules, implemented […]
New York Proposes 0.2% Crypto Tax for School Programs
New York is proposing a new tax to fund school-based substance abuse programs. The proposed 0.2% excise tax on cryptocurrency transactions will apply to Bitcoin, Ethereum, and NFTs. […]
New York Introduces 0.2% Crypto Tax for School Funding
Assemblymember Phil Steck proposes a 0.2% excise tax on cryptocurrency transactions in New York to fund substance abuse prevention programs, aiming to help schools combat addiction. This bill […]
New York Assembly Member Proposes 0.2% Tax on Crypto Transactions
Assemblymember Phil Steck proposes a new 0.2% excise tax on all cryptocurrency transactions within New York State, aiming to fund substance abuse prevention programs in schools. The bill […]
Brazil Implements 17.5% Crypto Capital Gains Tax: Major Shift for Investors
Brazil has announced a major change to its cryptocurrency tax policy, implementing a new 17.5% rate on all capital gains from digital assets effective June 12, 2025. This […]
Senator Lummis Proposes Crypto Tax Overhaul to Benefit Miners and Developers
Senator Cynthia Lummis has introduced the BITCOIN Act of 2025, aiming to modify current tax regulations affecting the cryptocurrency industry. This proposed legislation targets miners and developers, seeking […]
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 […]
Lummis Proposes Major Crypto Tax Overhaul in GOP Bill
Senator Cynthia Lummis (R-Wyo.) is introducing key changes to U.S. crypto tax laws in a bid to modernize the system for digital assets. Her plan would include provisions […]