India Escalates Crypto Tax Enforcement With Over 44,000 Notices To Traders

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure India’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns. Indian Tax Watchdog Ups … Read more

United States: Plan For Remittance Tax Sparks Global Concerns

United States: Plan For Remittance Tax Sparks Global Concerns

A tax project on the 3.5% versions on the money sent from the United States to non-citizens abroad has sent shock to countries that depend on international transfers. Part of the law on “One Big Beautiful Bill” currently in front of the American Senate, the levy would affect 40 to 50 million non-citizens in the … Read more

Bitcoin in the Bank of England, Tax Cuts for Traders

Farage Unveils Bold Crypto Plan: Bitcoin in the Bank of England, Tax Cuts for Traders

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nigel Farage, a British politician and leader of Reform UK, a right-wing political party has outlined a crypto-friendly comprehensive plan to position the United Kingdom as a global leader in digital finance should his Reform party win the next general election. Speaking … Read more

Crypto Wealth Could Take A Hit As Slovenia Weighs 25% Tax

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Slovenia’s Finance Ministry released a draft bill that would tax profits from the sale of cryptocurrencies at 25%, potentially sealing the nation’s status as a tax haven for investors in digital assets. The plan is designed to close a loophole that currently … Read more