Taxes

Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody

Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody

Leave a Comment / Brazil, Cryptocurrency, Tax, Taxes /

Brazilian authorities issued a Provisional Measure that terminates the previous tax regime and introduces a new ruleset to tax all crypto-derived profits. The new rule also states that these measures apply to crypto held in self-custody wallets and digital assets held abroad. Brazilian Government Announces New Crypto Tax Regime, Throws Self-Hosted Assets in the Mix […]

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Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury

Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury

Leave a Comment / Cryptocurrency, Tax, Taxes /

Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on the U.S. Department of the Treasury to act swiftly

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Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Coinbase urges Supreme Court to block IRS crypto data grab to preserve constitutional privacy

Leave a Comment / crypto, Exchanges, Featured, Legal, Taxes /

Coinbase has filed an amicus brief with the US Supreme Court supporting a constitutional challenge to the Internal Revenue Service’s (IRS) broad collection of cryptocurrency user data, arguing it violates Fourth Amendment protections. The filing, submitted on April 30, outlines the company’s opposition to an IRS John Doe summons that compelled the disclosure of detailed

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