Tag: Taxation
Presidential 2024 Annual Program Announced! What Explanations Are Made About Cryptocurrencies? Is Taxation Coming?
The Presidential Annual Program for 2024, prepared by the Presidency Strategic and Budget Directorate, was published in the official gazette. While cryptocurrencies are also included in the annual program, cryptocurrencies…
Traffic light steps against double taxation are not enough
Pensioners in Düsseldorf Despite the reforms, millions of people continue to be affected by double taxation. (Photo: IMAGO/Michael Gstettenbauer) Berlin The double taxation of pensions costs retirees money and is…
Is the taxation of emergency gas aid contrary to the system?
Heating There is controversy over whether or not the December 2022 gas relief should be taxable. (Photo: dpa) Frankfurt The federal government launched emergency aid because of the increased gas…
Decentralized Finance (DeFi) Taxation Study Starts in the UK
Treasury Office of the British Ministry of Finance, cryptocurrency He is working for a new regulation on the taxation of income from According to the announcement made by the Treasury…
Logbook must contain exact fuel costs
Car is refueled A company gas station must also document the fuel costs precisely so that employees can pay tax on their company car based on a logbook. (Photo: dpa)…
Artwork Treatment of NFTs from U.S. Taxation: Requested for Feedback
The U.S. Taxation Office (IRS) has taken to the public on the matter when stating that NFTs can be taxed as collectibles, such as works of art. IRS March 21…
Bitcoin and Co.: Doubts about crypto taxation
Bitcoin It was not until 2022 that the Federal Ministry of Finance published specific instructions for the tax offices on how crypto profits should be taxed. (Photo: dpa) Frankfurt Some…
Deferral for silver coin dealers with new tax rule
American Eagle Silver coins from other EU countries will in future be taxed more heavily when imported. (Photo: E+/Getty Images) Frankfurt Precious metal dealers breathe easy. The change in the…
US Internal Revenue Service (IRS) Changes Draft Language to Include NFTs in Taxation
The Internal Revenue Service (IRS), the government agency operating in the field of revenue administration in the USA, changed the concept of “virtual currency” to “digital assets” by expanding its…
Silver coin dealers face additional payments
Frankfurt Shortly before the long holiday weekend of October 3rd, things got hectic among German silver coin dealers. A letter from the Federal Ministry of Finance (BMF), which was still…
European Parliament Reforms Taxation System: Blockchain Technology Will Be Used
The European Parliament is preparing to introduce blockchain technology in order to carry out the taxation process in a healthier way. The European Parliament voted in a recent session to…
New Decision on Taxation of Cryptocurrencies and Use of Blockchain Technology from AP!
A new vote was held in the European Parliament on the taxation of cryptocurrencies and the use of blockchain technology in the fight against tax evasion. In the statement made…
Unusual Step in Cryptocurrency Taxation in South Korea: It Will Tax Even Them!
According to the news of the local newspaper Digital Times, a government official in South Korea, cryptocurrency He said airdrop buyers could be charged up to 50% tax. So airdrops…
UK Government Requests Opinion on Taxation of DeFi Income!
The UK Government seeks input from investors, professionals and companies on the taxation of decentralized finance (DeFi) activities. UK Focuses on Taxation and Staking of Cryptocurrency Loans in DeFi Industry…
UK Seeks Opinion on Taxation of DeFi Activities
The UK government is seeking advice on the taxation of crypto-asset loans and staking activities in the decentralized finance (DeFi) space. Via the government’s official website 5th of July according…
Conceivable taxation of crisis profits in the energy sector
Franziska Giffey Berlin’s mayor is considering examining a profit limitation clause. (Photo: IMAGO/Bernd Elmenthaler) Berlin Berlin’s governing mayor, Franziska Giffey, believes that taxing these extra profits is conceivable in order…
Portugal Takes a Step Back in Crypto Taxation!
Almost ten days after the Portuguese finance minister stated that cryptocurrencies could be taxed in the near future, another important decision has been made. Here are the details. On May…
Bitcoin & Co.: No tightening of taxes for crypto investors
Bitcoin representation Those who hold virtual currencies for at least a year do not have to pay taxes on profits. (Photo: Reuters) Frankfurt There is good news for investors in…
Car subscriptions are conquering the vehicle fleet
Auto subscription app A car subscription is a type of long-term rental, whereby customers choose the model as well as the vehicle category. (Photo: Shutterstock) Cologne The perks make the…
Who benefits most from the new pension taxation
A pensioner fills out his tax return Die Ampel is planning a reform of pension taxation that would relieve retirees by thousands of euros. (Photo: dpa) Berlin Olaf Scholz was…