Taxation

The Knesset Finance Committee approved the major reform in the 2025 budget. After a lengthy campaign against the move by business organizations, a majority of Knesset members in the committee voted in favor of the complex…

The Ministry of Finance published the 2025 budget proposal scheduled to be discussed by the government tomorrow. Including debt repayment, the budget framework is NIS 744 billion. …

The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South…

Yesterday, the Attorney General agreed to publish a new voluntary disclosure procedure that will enable Israelis who have so far hidden their wealth from the state and not paid taxes to file a report and pay the tax they…

How will governments function in a world that has transitioned from fiat to hyperbitcoinization? This is a question that I have thought about recently, and I wanted to think through what happens to governments on a Bitcoin standard. The…

The Commodity Futures Trading Supervisory Agency (Bappebti) of Indonesia has requested the Ministry of Finance, led by Sri Mulyani, to reassess crypto taxation. Indonesia’s crypto taxation  Indonesia witnessed a notable downturn in its…

South Korea’s ruling People Power Party is reportedly advocating for a further two-year taxation postponement on cryptocurrency investment gains, which appears to be part of the party’s campaign for the general election…

Strating January 1, 2024, Brazil will introduce a flat 15% tax on crypto profits and up to 6,000 Brazilian reais ($1,200), will be exempt from taxation.  In a significant move, President Luis Inácio Lula da Silva of Brazil has signed…

Economy MPs launch law changes for cryptocurrencies taxation Monday December 04 2023 A parliamentary committee has backed a Bill that will allow the taxation of more than four million Kenyans estimated to be trading in…

Turkey sets its sights on implementing cryptocurrency taxation and other regulatory measures as part of its 2024 Presidential Annual Program. Turkey has reignited its focus on cryptocurrencies and exchanges as part of its 2024 Presidential…