Tax reduction News

Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets.

Learn how to navigate tax laws and regulations for optimal financial management.

A parliamentary vote held by lawmakers in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale.

Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.

Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.

A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.

In total, 27 Ethereum projects joined the initiative as launch partners, including Balancer, Gnosis DAO, Shapeshift and StakeDAO, to name a few.

Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.

We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.

Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately buys digital assets for tax purposes.

Reporting cryptocurrency when filing taxes can help investors offset their losses.

Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022.

MicroStrategy’s recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight.

Will your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.