Category: crypto tax

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition

Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition

Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill. 3715 Total views 198 Total shares A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting. Anna Eshoo, who represents California’s 18th Congressional District, penned a letter to the Democratic […]

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Existing Indian law could impose 2% levy on crypto bought from offshore exchanges

Existing Indian law could impose 2% levy on crypto bought from offshore exchanges

Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. 1746 Total views 6 Total shares According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring […]

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