Crypto tax Archives - Today News

Japanese Would Buy More BTC if Gov’t Made Crypto Tax Reforms – Survey

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Most Japanese say they would buy more Bitcoin (BTC), Ethereum (ETH), and altcoins if the government agrees to reform the nation’s strict crypto tax rules. This was the main takeaway from a survey of 1,500 adults conducted in April and commissioned by the Japan Blockchain Association (JBA). Japanese Crypto Tax Reforms Would Drive Volumes Up, […]

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US Treasury Removes Crypto Broker Reporting Rules – Details

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Department of the Treasury and the Internal Revenue Service (IRS) have formally scrapped a controversial crypto rule that would have mandated decentralized exchanges to comply with broker reporting obligations. US Treasury, IRS Drop Crypto Broker Rule On Thursday, the US

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UK Crackdown On Crypto Tax Evasion: New Rules Starting 2026

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ahead of the upcoming regulatory overhaul, UK authorities have introduced a new set of reporting rules to ensure crypto investors are not deliberately evading taxes, including fines for those who fail to comply with the new requirements. Authorities To Address Tax Evasion

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IRS Floods US Crypto Users With Notices — What You Need to Know

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Crypto investors across the US are facing renewed scrutiny from the Internal Revenue Service (IRS), which has sent out a surge of warning letters over the past two months. The letters, according to tax experts, suggest that the agency is ramping up enforcement after identifying discrepancies in recent tax filings tied to digital asset transactions.

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Brazilian Lawmaker Proposes Scrapping Crypto Tax for Long-term Investors

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The Brazilian lawmaker Eros Biondini has created a draft bill that proposes doing away with crypto tax, particularly in the case of citizens who hold Bitcoin (BTC) as a long-term store of value. The MP has filed his bill in the Chamber of Deputies, the Portuguese-language media outlet Livecoins reported. Brazilian Crypto Tax: Could Levies

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Crypto Just Got Pricier In Brazil: 17.5% Tax Kicks In

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brazil’s finance ministry has moved to simplify crypto taxes, swapping a tiered system for a single flat rate. On June 12, Provisional Measure 1303 took effect, scrapping the old break that let residents sell up to R$35,000 (about $6,300) in crypto each month tax‑free.

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India Urged to Cut 30% Crypto Tax as Industry Eyes 6x Growth

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Key Notes Prime Minister Narendra Modi’s government is becoming more receptive to the crypto industry’s concerns following Trump’s inauguration. India’s crypto market, projected to grow from $2.5 billion in 2024 to $15 billion by 2035, is drawing interest from global players like Coinbase and Binance. Despite these challenges, investors and industry groups are pushing for

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India’s Crypto Sector Demands Review on 30% Tax as Trump Support Changes Tone: Report

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India’s crypto sector is reportedly stepping up efforts to lobby the government for tax reforms, sensing an opportunity as officials grow more receptive to digital assets. Industry leaders say engagement with policymakers has increased sharply this year, particularly after Donald Trump’s return to the White House and his vocal support for crypto, the Financial Times

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