As the global tax crackdown on crypto intensifies, finding safe havens for your digital assets is getting harder by the year. From mandatory reporting to capital gains taxes, most governments are tightening their grip on crypto profits. But not everywhere. A handful of countries still legally allow crypto holders to ...
Benjamin Franklin once said, "Nothing is inevitable in life except death and taxes." This is true for everything, including cryptocurrency. As more people use crypto, countries are figuring out how to regulate and tax it. Some nations are pretty chill with favourable tax policies, while others are super strict. This ...
Israel is considering exempting foreign residents from capital gains taxes on the sale of digital currency in a move designed to attract foreign investors and stimulate the local economy. The Israeli Knesset passed an initial reading of a bill on July 5, 2023, which seeks to provide tax advantages to ...
Slovakia's parliament has recently approved a new bill that aims to foster cryptocurrency adoption and investment and significantly change the taxation regime for Bitcoin ownership in the country. The bill, passed on June 28, 2023, includes a notable reduction in personal income tax on gains from the sale of cryptocurrencies ...
President Joe Biden recently took to Twitter to share an infographic calling for the closure of tax loopholes that supposedly benefit wealthy cryptocurrency investors. The president estimated that the government could save approximately $18 billion by addressing these loopholes. However, he did not provide specific details about which loopholes he ...
