TDC Sues Illinois to Block 0.2% Crypto Tax Law
The 0.2% levy takes effect in January and singles out blockchain infrastructure specifically. TDC's filing argues it violates the Commerce Clause, state uniformity rules, and the federal Internet Tax…
Crypto tax policy — reporting rules, capital-gains treatment, staking and airdrop taxation, and country-level changes.
The 0.2% levy takes effect in January and singles out blockchain infrastructure specifically. TDC's filing argues it violates the Commerce Clause, state uniformity rules, and the federal Internet Tax…
The 32-page complaint argues digital assets are being taxed because of the technology itself, not the economic substance, and asks a state court to halt the levy before it takes effect.
The IRS is asserting withholding rights on prize money paid to a non-resident national team, a novel tax claim that complicates how FIFA competitions route payouts to foreign players.
The tax drag has thinned volumes but not the user base: India still counts roughly 39 million verified crypto holders sitting on about $2.1B in assets despite a punitive 30% flat rate and 1% TDS on…
The new rule is a countdown, not a clarification: platforms that handle EU and UK customers must block trading and withdrawals for any user who refuses to hand over a tax ID.
The 2027 regime shift plus a 20% flat crypto tax rate is the first G7 framework built around the asset as investable product, not payment method.
The 95-year-old resets the timeline to a phased eight-year wind-down, removes the Gates Foundation, and names a successor to manage Berkshire's next era.
HMRC's carve-out exempts disposals on eligible crypto loans and liquidity-pool entries from capital-gains tax, aligning DeFi with share-loan treatment and ending the asset-swap tax trap that has…
The "no gain, no loss" treatment, effective April 2027, gives UK DeFi and lending users a long runway to rebalance wallets before the tax man steps in.
The ruling reopens IRS audit authority over the president's prior returns, a procedural win for transparency advocates that lifts one specific legal shield before any new filing.
A 6% tax on net fee revenue resolves the state's standoff with federal derivatives oversight, but leaves other states still contesting where prediction-market jurisdiction actually sits.
The dollar loss is the headline, but the structural shift is what every BTC treasury watcher will read: Saylor is now treating Bitcoin as a working capital asset to service preferred dividends, not…
The South African Revenue Service is leaning on data-sharing pacts with global exchanges to chase down unreported crypto gains across a retail-heavy market.
A 0.2% transaction levy due to take effect in January 2027 drew the ire of the federal derivatives chief, framing the state-level move as friction the industry will route around.
The proposal creates a federal carve-out for validation rewards and a micro-payment threshold, a structural cushion the post-halve mining economy and a reawakening US policy push both lean on.
A federal rulebook makes tokens legal in all fifty states; it does nothing to stop a cash-strapped state from layering its own transaction tax on top, and Illinois just put a $60M-a-year price tag on…
California's governor is the highest-profile US elected official yet to back a federal wealth levy, putting a structural tax question back on the table for risk-asset valuations.
As Bitcoin holders age, estate planning has moved from niche concern to industry priority. The right answer depends on family, stack, and jurisdiction, but the prompts themselves are now standard.
A formal draft from Senate Banking would end years of piecemeal IRS guidance, replacing it with statutory rules on custody, DeFi, and reporting that the industry has lobbied for since 2022.
Three top industry groups told the House Ways and Means Committee to advance Carey's bill unchanged, framing it as the sector's second legislative priority after the broader market structure fight.