Japan officials expand crypto tax and compliance regime in new push for clarity New guidance and documentation published by Japan’s National Tax Agency (NTA) show the country preparing to implement the Crypto-Asset Reporting Framework, or CARF, an OECD-backed system designed to let tax authorities automatically exchange information on certain crypto transactions involving non-residents. Japan’s framework…
October 7, 2025October 7, 2025 The Madras HC (High Court) has sought a response from the Centre on a petition. The petition demands that petrol and diesel bills clearly show the tax breakup charged to consumers. The PIL argues that fuel outlets should disclose the…
Trump’s tax cuts in 2017 faced criticism for favoring the wealthy The new tax bill aims to benefit middle-class citizens There are concerns about the new bill’s long-term inflation impact Donald Trump’s presidency so far has been very emblematic and polarizing. While the President shows a special appreciation for cryptocurrency development—talking about creating a Strategic…
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Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled tax arrangements. Crypto Investor Angermayer Leaves London Over Tax Concerns Billionaire crypto investor Christian Angermayer has…
Japan has signaled an intention to go all in on Web3 by unveiling a new tax reform to attract global service providers. According to local reports, the Ministry of Economy, Trade and Industry is pushing for a new tax policy for digital asset firms in Japan to pursue a digitization agenda for its economy. The…
Nigeria’s securities watchdog plans to issue its first license to a digital asset firm later this month, marking a complete turnaround from the government’s previously hostile stance this year. In an interview this week, Director-General Emomotimi Agama told Bloomberg that the Securities and Exchange Commission (SEC) is committed to supporting Nigerian youth in exploiting new opportunities…
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA. Source link