Brazilian authorities recently approved a flat 15 % tax on profits from cryptocurrency transactions that will come into effect on January 1, 2024.
According to local newspaper Diário Official da União, the bill was signed on December 12 by President Luiz Inácio Lula da Silva, and establishes that…
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Germany will apply a tax on gas consumption from October
The rate planned in Germany for all final gas consumers will be applied from October 1st, sources from the Ministry of the Economy announced today.
The exact amount of the surcharge will be published online in mid- to late-August and will…
Fedecamaras requested reconsideration of the IGTF
The president of Fedecamaras, Carlos Fernández, indicated that there is the possibility of incorporating some reconsiderations to the Tax on Large Financial Transactions (IGTF) with the aim of keeping the country's economic growth on track.…
Netflix will apply tax for those who share passwords
The American entertainment company Netflix announced that it will apply a guilt tax for those users who share their passwords with people who do not live in the same house as the account holder, as a business strategy to avoid the violation…
UK announces measures to ease inflation
The UK Finance Minister, Rishi Sunak, announced before Parliament some fiscal measures, including a reduction in social contributions and fuel taxes, to alleviate the effect of rising prices on British consumers.
Sunak indicated that the…
US Congress to analyse tax exoneration of Bitcoin transactions
Representatives of the government and the opposition of the United States presented before the lower house of the Congress of the Republic the draft Law on Tax Equity for Virtual Currencies, in which the exemption of tax obligations for…
Crypto trading will pay tax on the check in Argentina
Crypto trading will pay tax on the check in Argentina. This was established by the government in decree 796/2021, which indicates that operations with digital currencies will be subject to the tax on credits and debits in bank accounts,…
G20 ratifies the 15 % tax on multinationals
G20 leaders ratified at the Rome summit their support for the minimum tax on multinationals of 15 % after years of talks, the White House said in a statement.
"All leaders supported a global minimum tax. The president of the United States,…
OECD countries sign a minimum 15 % tax agreement for multinational companies
An agreement between 136 countries establishes a global minimum tax of 15 % for multinational companies from 2023. This is a historic alliance that has been led, for 10 years, by the Organization for Economic Cooperation and Development…
US Senate passes infrastructure law
The Senate of the United States approved, with 69 votes in favor and 30 against, the Infrastructure Law, opening the possibility of an investment of 1.2 trillion dollars in the public works of the nation. However, the document contemplates…
Binance launches tax reporting tool
The exchange Binance recently launched a new tool with which all its clients will be able to carry out tax reports adapted to the needs of their users and complying with the requirements established by the different regulatory bodies.
In…
US lawmakers propose raising taxes on cryptocurrencies
Lawmakers in the United States proposed increasing the taxation of cryptocurrencies in order to raise an additional $ 28 million to fund the nation's infrastructure plan.
The proposal contemplates stricter rules for organizations that…