Congress to Discuss Crypto Tax Rules: What to Watch
In brief The House Ways and Means committee will review a package of crypto tax proposals at a hearing on Tuesday. Lawmakers will revisit how...
Tag : tax
House Committee unveils crypto tax plan that could reshape DeFi
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments,...
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...
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...