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Category Crypto Tax

‘Severe Mistake’: Lawmakers May Limit De Minimis Tax Exemption to Stablecoins Only

‘Severe Mistake’: Lawmakers May Limit De Minimis Tax Exemption to Stablecoins Only

US lawmakers are reviewing the de minimis tax exemption, with proposals indicating it could be limited to stablecoins, raising questions for crypt...
Crypto Tax Bill Targeted for Passage by Next August, House Tax Writer Says

Crypto Tax Bill Targeted for Passage by Next August, House Tax Writer Says

U.S. lawmakers have stepped up efforts to update crypto tax rules, debating de minimis exemptions for small payments, staking income timing, exchan...
Hong Kong Prepares to Share Crypto Asset Data with Tax Authorities Worldwide

Hong Kong Prepares to Share Crypto Asset Data with Tax Authorities Worldwide

The Hong Kong government launched a public consultation on implementing the Crypto‑Asset Reporting Framework (CARF) and making related amendments t...
40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals

40% of Canadian Crypto Users Flagged for Tax Evasion Risk, Canadian Tax Authority Reveals

Canada’s tax agency says legal gaps limit its ability to track crypto-related income as it recovers $100 million through audits and pushes for tigh...
Canada’s $72M Crypto Tax Crackdown Targets 2,500 Dapper Labs Users — But No Charges Yet

Canada’s $72M Crypto Tax Crackdown Targets 2,500 Dapper Labs Users — But No Charges Yet

Canada’s CRA has audited 2,500 Dapper Labs users, recovering roughly $72 million in unpaid crypto taxes, yet despite the enforcement, no criminal c...