#tax
68 articles found
Latest
Since MS started investing in cryptocurrency, this is the first bitcoin sale. According to a report filed with the SEC, the company liquidated 704 BTC worth about $11.8 million on December 22. The document states:
"MicroStrategy plans to carry forward capital losses resulting from this transaction against prior capital gains to the extent such carryforwards are available under applicable federal income tax laws."
Additionally, between November 1 and December 21, 2022, MicroStrategy bought another 2,395 BTC at an average price of $17,871, according to the report. Japan revises corporate taxation of cryptocurrencies to support startups
The Japanese government plans to create a comfortable environment for startups. One way to stop the outflow of companies abroad, to Singapore in particular, is to introduce tax incentives for firms that issue their own crypto assets. South Korea: new president faces resistance to crypto-friendly reforms
Yoon Suk-yeol, who won the March presidential election, has encountered difficulties in realizing his campaign promises. In particular, he announced the implementation of crypto-friendly reforms and the raising of the tax threshold for income from investments in digital currencies. However, within the framework of the current legislation, it is impossible to implement the plan. 



