Poland Pushes Ahead with Tech Tax Despite US Criticism Poland is making bold moves in the realm of technology with its recent decision to implement a tech tax aimed at major tech companies. The tax is designed to target the profits of these tech giants and utilize the revenue to bolster local tech development initiatives. […]
Russia registers 600 crypto mining operators for tax monitoring
Russia Registers 600 Crypto Mining Operators for Tax Monitoring Russia has taken a significant step towards regulating the cryptocurrency mining industry by registering 600 mining operators for tax monitoring. This move comes at a time when the Russian government is considering imposing taxes on miners’ incomes, a decision that could have far-reaching implications for the […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]
Czech crypto users to enjoy tax break on long-term gains
Czech Crypto Users to Enjoy Tax Break on Long-Term Gains The world of cryptocurrency is dynamic, ever-changing, and often comes with its own set of challenges, particularly when it comes to taxation. However, for crypto users in the Czech Republic, a new ray of hope has emerged in the form of a tax break on […]