HIVE blockchain announces late filing of interim financial statement
HIVE Blockchain intends to postpone publishing its financial statement due to unforeseen tax notices issued to one of its European subsidiaries. On February 14, 2023, HIVE Blockchain was required to file its 2022 interim financial results. But on February 15, it disclosed that one of its subsidiaries had received a tax notice that needed to […]
Brazilian Bank Now Allows Citizens To Pay Taxes With Crypto
A major Brazilian bank is providing taxpayers with a fresh and practical way to pay their taxes using digital currency. Brazilian taxpayers can now pay their tax bill using cryptocurrency thanks to a collaborative endeavor with Brazilian crypto company Bitfy, according to a statement released by Brazilian bank Banco do Brasil on February 11. Brazilians […]
AFIP intensifies fight against crypto tax evasion
After conducting raids on cryptocurrency mining companies, Argentina’s tax office, AFIP, is now stepping up its efforts to combat tax evasion related to cryptocurrencies. 3,997 individuals who used cryptocurrencies in 2020, according to a local report, received letters from the tax agency instructing them to change their property tax affidavits to reflect their ownership of […]
ZenLedger, Ledger partner to integrate crypto tax solution for investors
Ledger, a major cryptocurrency hardware wallet supplier, has partnered with Zenledger to add new crypto tax-related solution which will help crypto investors keep track of their taxes. Ledger confirmed to on Thursday that it has teamed with cryptocurrency tax software ZenLedger to integrate its crypto tax reporting solution into Ledger’s interface application, Ledger Live. The […]
Indonesia plans to impose 0.1% tax on crypto investments in May
The Indonesian government reportedly plans to implement a 0.1 percent tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting May 1. According to a Reuters story published on Friday, Hestu Yoga Saksama, a representative for Indonesia’s tax office, crypto assets will be subject to “income tax and […]