Tax Payments News

Japan is set to introduce a new taxation regime for companies that hold cryptocurrencies on their balance sheets for a long-term. Japan‘s policymakers in the Liberal Democratic Party and ruling coalition partner Komeito are weighing to bring a new proposal…

Ron DeSantis, the Governor of the US state of Florida says the state is working toward accepting tax payments in bitcoin (BTC). Florida to Embrace Crypto Tax Payments DeSantis spoke during the signing of a financial literacy curriculum bill on…

Switzerland’s crypto valley, Zug, is taking another step towards complete virtual currency adoption with plans to begin accepting tax payments in cryptocurrency. Several tax offices around the world have okayed citizens meeting their tax obligations using virtual tokens. Switzerland’s Crypto…

Australia’s tax authority, the Australia Taxation Office (ATO), is planning to contact thousands of Australian crypto traders to remind them of their tax obligations. The move is in line with the ATO’s aim to clampdown on crypto tax offenders. 350,000…

Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks…