China is going beyond BRICS as Chinese mining firms operating in Zambia are paying taxes in the African country in the yuan and not the US dollar. The Zambian government…
In brief
The White House proposed Congress consider drafting legislation that would force U.S. residents and companies to report foreign crypto accounts on their taxes.
Not doing so could disadvantage U.S.-based crypto…
The Indonesian government updated its tax policies for the crypto industry, raising levies on traders and miners while removing value-added tax (VAT) obligations for buyers.On Monday, Indonesia’s Ministry of Finance…
In brief
Indonesia’s new tax policy imposes a 1% levy on offshore crypto transactions, while domestic trades face an increased 0.21% rate.
The overhaul eliminates VAT for crypto buyers and raises mining…
I grew up in northwest Iowa, the heart of the Corn Belt, renowned for some of the most fertile and productive farmlands in the world. When my grandpa planted corn…
Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare…
U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs much of President Donald Trump's agenda, trying to reduce tax…
In today’s Crypto for Advisors, Bryan Courchesne from DAIM provides information on tax planning for crypto trades. Although we are half a year away from tax season, there are many…
The cryptocurrency market is evolving at a rapid pace, all thanks to President Donald Trump for bringing the market into the mainstream spotlight. Before assuming his official duties as the…
Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12…