Deutsche Bank started 2022 with rising net profit, which rose to 1.06 billion euros ($1.1 billion) in the first quarter, Germany's largest financial institution announced.
The result is 17 % more than the 908 million dollars obtained in the previous quarter. Before taxes, the bank obtained some…
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taxes
Kazakhstan to propose new tax regime for cryptocurrencies
Kazakhstan's Minister of Economy, Alibek Kuantyrov, explained that the government is working on a new tax regime that aims to increase taxes on activities related to cryptocurrency mining. As well as "its intention to link the new rate to…
Venezuelan Gross Domestic Product will grow 20 % in 2022
Credit Suisse, a financial services firm, pointed out that they estimate a growth of the real Venezuelan Gross Domestic Product (GDP) in the order of 20 % for this year, when the previous projection was 4.5 %, as a consequence of the…
Rio de Janeiro will accept cryptocurrencies to pay taxes
As of 2023, the metropolis of Rio de Janeiro will accept cryptocurrencies for the payment of the Tax on Urban and Territorial Property (IPTU), as announced by the Secretary of Economic Development, Innovation and Simplification of Rio de…
Colorado will accept cryptocurrencies for tax payments
Jared Polis, governor of the state of Colorado, revealed that the entity is preparing to become the center of the crypto economy and as of August it will be ready to receive different cryptocurrencies as a form of payment of the entity's…
Coinbase launches tax calculation tool
Coinbase recently released a tax calculation tool which is available both to its users and to people outside the platform.
The new section, which is called "Tax Center", will reflect all the data necessary to make the corresponding…
Chevron operations in Venezuela extended until 2022
The United States Department of the Treasury extended the operations of the companies Chevron Corporation, Halliburton, Schlumberger Limited, Baker Hughes Holdings LLC and Weatherford International, Public Limited Company until June 1st,…
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,…
Cryptocurrencies will revolutionize government finances
Digital assets could revolutionize the way government entities finance. This is how Francis Suárez, mayor of Miami, talks about it in an interview with Fox News, where he highlighted the cryptocurrency of the city of Miami, MiamiCoin.…
Law of tariffs does not encourage national production
According to the first vice president of Fedcámaras, Adam Celis, Decree 4,552 driven by the National Government on tariffs does not cover expectations between the productive and economic sectors of the country so it is inefficient to…
Brazil will eliminate diesel taxes
The president of Brazil, Jair Bolsonaro, announced that the government will eliminate federal taxes on diesel for two months, in order to seek the tax exemption indefinitely, and will abolish tax rates on gas permanently.
This was…
Miami’s Mayor considering paying salaries in cryptocurrencies
The Mayor of Miami, Francis Suárez, has the firm intention of turning the American city into the "crypto-technological hub" for the next few years.
Based on this principle, Suárez is raising the possibility of giving the employees of said…