Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
Crypto Taxes
Crypto Taxes in Germany: Complete Guide & Instructions [2024]
The advantage of this is that larger positions can be traded even with little capital. Again, the classification as a futures trade comes into play. Here, too, the tax-advantaged one-year holding period cannot be applied. Income from trading with futures is accordingly subject to a flat 25% capital gains tax rate. Instead, investors speculate on the rise or fall of […]
Coinbase Sounds Alarm on IRS Crypto Tax Proposal
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
Crypto Tax Guidance Could Come ‘in 12-ish Months,’ Says IRS Official
The IRS’ point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023