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Taxation

Does Harris Want To Tax Your Unrealized Bitcoin Gains? Here’s What’s Going On

by Isaac Wright
Does Harris Want To Tax Your Unrealized Bitcoin Gains? Here’s What’s Going On

Rumors are swirling online that Kamala Harris wants to introduce an unrealized capital gains tax if elected President – a move that could theoretically tear up the profits of crypto …

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US, India Extend Digital Tax Truce to June 30 as Deadline Approaches

by Maya Ortiz
US, India Extend Digital Tax Truce to June 30 as Deadline Approaches

The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to …

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India Maintains High Crypto Tax Rate Despite Industry Pressure

by Isaac Wright
India Maintains High Crypto Tax Rate Despite Industry Pressure

India has decided to uphold its existing crypto tax regulations for the 2024/25 fiscal year despite ongoing appeals from industry leaders for a reduction in the current rates. Finance Minister …

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U.S. Congressman Pitches Bill To Allow Federal Tax Payment In Bitcoin

by Isaac Wright
U.S. Congressman Pitches Bill To Allow Federal Tax Payment In Bitcoin

A popular Republican congressman introduced legislation that would require the United States Treasury to accept tax payments in bitcoin. Pay Taxes With Bitcoin The bill, authored by Rep. Matt Gaetz …

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Donald Trump tells rally in Las Vegas he will not tax tips

by Walter Watson
Donald Trump tells rally in Las Vegas he will not tax tips

Trump said he would “do that right away, first thing in office”, and noted in prepared remarks that he would seek legislation in Congress to make the change. “You do …

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Rejig of riches: Study moots robin hood tax for equality

by Ron Morgan
Rejig of riches: Study moots robin hood tax for equality

New Delhi: A new study co-authored by economist Thomas Piketty suggests India should impose a wealth tax on the ultra-rich to tackle inequality and create fiscal space for investments in …

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Hong Kong accounting industry grows as ESG, Greater Bay Area opportunities draw young professionals: HKICPA president

by Anas Siddiqui
Hong Kong accounting industry grows as ESG, Greater Bay Area opportunities draw young professionals: HKICPA president

Hong Kong’s accountancy industry has attracted more young professionals in recent years despite a downturn in new share listings, according to the new head of an industry body. The Hong …

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South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

by Isaac Wright
South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a …

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South Korea Reportedly Pushes for 2-Year Postponement on Crypto Taxation

by Isaac Wright
South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

South Korea’s ruling People Power Party is reportedly advocating for a further two-year taxation postponement on cryptocurrency investment gains, which appears to be part of the party’s campaign for the …

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The 2024 tax season kicks off Monday. Here’s what you need to know

by Anas Siddiqui
The 2024 tax season kicks off Monday. Here’s what you need to know

Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season. Those filing by paper should have received …

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