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Cryptorank

Category Crypto Tax

New York lawmakers propose crypto tax to fund school programs

New York lawmakers propose crypto tax to fund school programs

Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions. The proposal, introduced in the state’s Assembl...
New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions

New York Assembly Bill Seeks 0.2% Excise Tax on Crypto and NFT Transactions

New York Assembly Member Phil Steck has introduced legislation imposing a 0.2% excise tax on all digital asset transactions, including crypto and N...
Seoul’s Gangnam District Targets Tax Evaders in Revamped Crypto Confiscation Drive

Seoul’s Gangnam District Targets Tax Evaders in Revamped Crypto Confiscation Drive

The affluent Seoul district of Gangnam is ramping up its crypto confiscation initiative for tax evaders, seizing 340 million won ($244,796) since t...
Understanding Crypto Taxes: A U.S. Taxpayer’s In-Depth Guide

Understanding Crypto Taxes: A U.S. Taxpayer’s In-Depth Guide

The world of cryptocurrency is exciting, but when tax season rolls around, it can become an arduous task, especially in the U.S. As digital assets ...
Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto

Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto

India’s Ministry of Finance has reported uncovering a staggering ₹29,208 crore (approximately $3.33 billion) in hidden foreign assets for 2024-25, ...