Tag: Taxes

Korean Government Confiscates $47 Million In Crypto From Tax Evaders

South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized…

South African Crypto Exchanges Confirm Receiving Request For Client Data From Tax Collection Body

Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and…

Brazilians Who Held $1,000 In Crypto Last Year Must Report It On Tax Returns By End Of May

Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little…

Australian Tax Office To Prompt 400,000 Crypto Holders To Report Their Gains

Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back…