India Clarifies Crypto Taxes, as Trading Volumes Crater
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India’s central tax authority has issued clarifications around its decision to execute a 1% tax deducted at source (TDS), on top of a 30% tax on cryptocurrency profits. With around 20 million people…
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A typo error on the Income Tax Department’s website mistakenly altered a 1% tax-deducted-at-source (TDS) figure to 0.1%, and has since been rectified, the Income Tax Department said on Wednesday. ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
Australian crypto accounting and tax advisory firm Kova Tax has received a grant to flesh out its web-based tax platform It marks the first time a grant has been given to a crypto tax accounting firm... [[ This is a content summary only. Visit my website for full links, other…