CryptoTax

South Africa's Tax Agency Targets Crypto Tax Defaulters in New Crackdown

10 hours ago

In an assertive move to enforce tax compliance, South Africa's revenue service has initiated a targeted campaign aimed at cryptocurrency investors who have failed to declare their earnings. This development comes amidst a growing recognition of cryptocurrencies as a crucial component of the country’s financial landscape.

Bitcoin Jesus Fights IRS Tax Evasion Case from Spanish Island

5 months ago

In what has become a high-profile legal battle, Roger Ver, often dubbed "Bitcoin Jesus" for his early and enthusiastic support of the cryptocurrency, is embroiled in a tax evasion case with the Internal Revenue Service (IRS). Ver, who currently resides on a picturesque island in Spain, is facing serious allegations regarding his tax obligations stemming from his extensive dealings in Bitcoin and other cryptocurrencies.

Italy's Proposed 42% Tax on Crypto Trading Faces Reduction

5 months ago

In a significant development concerning financial regulations, Italy appears set to revise its ambitious tax plans concerning cryptocurrency trading. Originally set at a staggering 42%, the tax proposal has drawn considerable criticism and concerns from investors and stakeholders within the burgeoning crypto market.