The Internal Revenue Service (IRS), a US Treasury department, has released a proposal that could exempt cryptocurrency miners from paying taxes.
Under the IRS tax proposal, mining companies and individual miners would be exempted from this tax obligation. “If approved by the government, the new…
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taxation
Binance launches cryptocurrency taxation tool
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…
Costa Rica proposes 13 % tax on cryptocurrencies
Costa Rica proposes a 13 % tax on cryptocurrencies. The Costa Rican General Directorate of Taxation proposes to collect the tax on cryptocurrencies equivalent to a 13 % value added tax (VAT) for the purchase of crypto assets.
Additionally,…
Macron will take measures to face the rise in fuels
Emmanuel Macron, president of France, reported that his government is studying applying some short-term measures to compensate the people most affected by the increase in fuel prices, with diesel at record levels.
During his inspection of…
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…