Imposing A 1% TDS On Crypto Transactions Will Kill Asset Class In India, Indian Parliament Warns Government
A member of the Indian parliament has warned that levying a 1% tax deducted at source (TDS) on every cryptocurrency transaction will eliminate the young asset class. This tax provision was included in the Finance Bill 2022, which was enacted by the Lok Sabha, India’s lower house of parliament. Indian Parliament Raises Concerns Over 1% […]
Rio De Janeiro To Accept Bitcoin For Real Estate Taxes By 2023
Bitcoin payment is to be adopted by Rio de Janeiro by 2023 for taxes on real estate. This comes after Binance reveals that it has opened an office in the region. Rio de Janeiro, Brazil’s largest city, will begin taking Bitcoin (BTC) payments for taxes on residential and commercial real estate within the municipal limits, […]