Binance, the world's largest cryptocurrency exchange, has launched a tool to help its clients calculate and report their tax liabilities related to digital currency trading activity. The solution, called Binance Tax, is free and can support reporting of up to 100,000 transactions. Initially, it will…
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tax obligations
Mexican taxpayers must report their income in crypto
The Tax Administration Service (SAT) of Mexico obliges the taxpayers of the country to report any activity that generates dividends and although the Mexican laws do not specify cryptocurrencies, they must declare any income that is accrued.…
Turkish government freezes more than 3 million accounts
Thousands of companies and people with fiscal obligations to Turkey have received foreclosure notices, informing them of the freezing of their bank accounts. A measure of the Turkish government before the problems facing the financial and…