News list for " taxation"
On January 21st, US President-elect Donald Trump said that we will impose tariffs and taxes on foreign countries to benefit our citizens, rather than making other countries rich by taxing our citizens. To that end, we are establishing the External Revenue Service to collect all tariffs, taxes. This will allow a lot of money from foreign services to flow into our treasury. The American dream will soon return and flourish at an unprecedented rate.
On January 8th, Frank Richard Ahlgren III, the first bitcoin investor in the United States to be convicted of crypto-asset trading tax crimes, has been sentenced to two years in prison and ordered to hand over the keys to access his cryptocurrency assets. Court documents show that Ahlgren is accused of hiding at least 1,287 bitcoins, which are currently worth more than $124 million, through a coin mixing service. He previously pleaded guilty to underreporting capital gains taxes on $3.70 million...
On December 24th, the National Financial Work Conference was held in Beijing. The meeting called for vigorously promoting scientific financial management, promoting zero-based budget reform, comprehensively deepening the reform of the fiscal and taxation system, effectively preventing and resolving local government debt risks, resolutely holding the bottom line of the "three guarantees" at the grassroots level, increasing financial supervision, improving the efficiency of fiscal governance, and ...
The Bank of Italy has said that regulatory instability and increased taxes on cryptocurrencies could lead operators to conceal their activities.
The Bank of Italy has said that regulatory instability and increased taxes on cryptocurrencies could lead operators to conceal their activities.
The Bank of Italy has said that regulatory instability and increased taxes on cryptocurrencies could lead operators to conceal their activities.
On August 3, the State Council recently issued the "Opinions on Promoting the High-Quality Development of Service Consumption". The "Opinions" propose to strengthen fiscal, taxation and financial support. Encourage qualified regions to make use of existing funding channels and actively guide social investment, support the digitalization of life services, the cultivation of industrial clusters and agglomeration areas, the construction of public service platforms and standardization construction, ...
The Greek government is planning to introduce a tax framework for cryptocurrencies and digital assets, but currently the Greek government does not recognize these taxes. A special committee will submit the findings on cryptocurrencies and digital assets to the National Ministry of Economy and Finance, and it is expected that by January 2025, cryptocurrencies will be included in the tax scope. The document states that profits from trading in cryptocurrencies and digital assets will be taxed at a ...
The growth enterprises market index fell by more than 1%, the Shenzhen index fell by 0.8%, and the digital finance and taxation, consumer electronics, and medical service sectors were among the top decliners.
The IRS has finalized new regulations for taxing cryptocurrencies, and cryptocurrency trading platforms will be required to report transactions to the IRS starting in 2026. However, those decentralized platforms that do not hold assets will be exempt. These are the main elements of the new rules hammered out by the IRS and the US Treasury on Friday, essentially implementing the "Basic...
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