#tax
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OECD Countries to Implement the Crypto Asset Reporting Framework
The Organisation for Economic Co-operation and Development (OECD) has introduced to its member nations CARF - an all-encompassing tax regime designed specifically for the crypto sector. It seems that cryptocurrencies are no longer serving as a "silent harbor" for anarchists who prefer not to share their hard-earned money with the government. Crypto Taxes: Essential Knowledge for Every Investor
As most countries are progressively legalizing cryptocurrencies, they now require digital asset owners to pay taxes. Nevertheless, some specific strategies and guidelines can be employed to legally minimize or even completely evade tax liabilities. White House Proposes Tax on Crypto Mining
The US budget for fiscal year 2024 is poised to foster economic development, trim household expenses, and improve healthcare and social security. Among the novel provisions in the proposal is the DAME, an excise tax on energy consumption related to digital assets mining.
Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects.
Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy.
At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information.
And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level.
What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto. Slovakia Votes to Lower Crypto Taxes!
The National Council of the Slovak Republic, Slovakia’s parliament, has approved measures to lower taxes on cryptocurrencies and provide additional benefits for cryptocurrency holders. The amendment, passed on June 28, will reduce the personal income tax rate on profits obtained from the sale of cryptocurrencies held for at least one year. Crypto Mining Dodges 30% Tax in US Debt Ceiling Deal
As President Joe Biden and House Speaker Kevin McCarthy's negotiated agreement on the US debt ceiling becomes public, one intriguing aspect of the deal seems to have effectively stifled certain tax proposals from the Biden administration, particularly the Digital Asset Mining Energy (DAME) excise tax. EU Members Nearing Agreement on Crypto Tax Data Sharing
European Union (EU) member states are close to a unanimous agreement on new rules for sharing data on cryptocurrency and non-fungible token (NFT) holdings among tax authorities. Formal approval is expected next week, though some governments are still awaiting procedural approval from national parliaments.
Russian dev Alexey Pertsev will stay in jail until his hearing scheduled for April 21. This is the third that his lawyers’ request for bail was dismissed. His first appeal was rejected in August, the second – in November.
The Dutch court clings to such a heavy-handed approach due to Pertsev's alleged ties with the FSB and the North Korean hackers Lazarus Group.
This crime is rated as more severe than just tax evasion. 










