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India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including transaction-by-transaction entries in Schedu...
An Italian police unit cracked a tax fraud case worth over a million dollars — and at the center of it was not a secret bank account or a shell company, but Bitcoin inscriptions. R...
Alvie N. Paschall and Patricia C. Paschall v. Commissioner of Internal Revenue, T.C. Memo. 2026-46 (June 4, 2026) The litigation in Paschall v. Commissioner involves the tax t...
Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. T...
The post Indian Crypto Trader Hit With ₹88 Lakh Tax Notice appeared first on Coinpedia Fintech News A crypto trader from Lucknow reportedly received an ₹88 lakh tax notice despite...
Chainalysis said Italian authorities traced a $1.1m tax evasion case using Bitcoin Ordinals and BRC-20 tokens.
Crypto investors filing their income tax returns this year need to go beyond the 1% TDS deducted by exchanges and accurately report all virtual digital asset (VDA) transactions. He...
The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.Some digital asset industry...
Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resi...
India’s tax department reportedly found that fewer than a quarter of the 645,000 people who made crypto transactions reported them on tax returns.India’s tax department reportedly...
Italian authorities uncovered a tax evasion scheme in which an individual allegedly used Bitcoin Ordinals and the BRC-20 token standard to generate and conceal $1.1 million.
The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for an estimated 6 million local users. SARS Targets...
The UK’s getting ready to roll out stricter crypto tax reporting rules, and that’s a big deal for anyone involved with digital assets…Continue reading on InsiderFinance Wire »
According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to d...
The first recipient depends on your provider’s reporting nexus, while tax residence shapes any onward exchange. The post How EU and UK crypto platforms are already building your 20...
Illinois Gov. J.B. Pritzker has signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on crypto assets. The Digital Asset Tax Act, nested deeply within the...
Illinois has enacted SB3019, introducing a 0.2% digital asset tax from 2027 and drawing criticism from crypto industry groups.
The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue.
Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth i...
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce pap...
Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.The US House Ways and Means...
SARS' crypto audit initiative could significantly impact South African crypto users, emphasizing the need for meticulous record-keeping and compliance. The post South African Reven...
Drew Hemmings, Doug Wick, David Zaslowsky & Matthew Musano (Baker McKenzie): Illinois Enacts First-of-Its-Kind Cryptocurrency Transaction Tax (Bloomberg Law) Illinois is the fi...
South Africa’s SARS seeks feedback on draft crypto tax guidance, treating trades, swaps and spending under current income and capital gains rules.
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