Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while...
Tag : tax
Greece moves to close crypto tax gap with new 15% proposal
Greece has prepared plans for a 15% cryptocurrency capital gains tax as officials move to bring digital assets into the country’s tax system. Summary Greece...
Illinois lawmakers approve crypto tax with felony penalties
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency...
Crypto tax proposals weighed ahead of Tuesday House hearing
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the...
Congress Gets 7 New Crypto Tax Bills: Here's What's In Them
In brief House Republicans unveiled seven crypto tax bills set to be discussed at a Tuesday Ways and Means Committee hearing. The proposals would exempt...
Crypto tax in Illinois FY2027 budget is one step away from becoming law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday,...
Israel crypto tax plan misses target as reporting gap widens
Israeli tax authorities have received far fewer crypto tax corrections than expected under a voluntary disclosure program that offers criminal immunity to eligible taxpayers. Summary...
Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
Israeli taxpayer disclosures of profits from cryptocurrencies have reportedly fallen short of expectations at the Israel Tax Authority after enactment of a policy allowing immunity...
50K investors fight Korean crypto tax, Singapore cancels Bsquared: Asia Express
Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Ether-linked ETF losses rattle South Korea’s funeral...
German lawmakers block Green plan to end Bitcoin tax break
Germany’s Finance Committee has rejected a proposal from the Green Party to scrap the country’s tax exemption for cryptocurrencies held longer than one year. Summary...