White House Proposes 30% Excise Tax Targeting Crypto Mining Firms
The White House is set to impose a 30% excise tax targeting crypto mining activities. In the report issued on Tuesday, May 2, Biden's administration...
UK Legislators Introducing Crypto Profits Declaration in 2025
On March 15, the UK legislator announced that taxpayers must file their crypto profit along with their tax returns. The decision aimed at minimizing the...
Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
Conflicting Signals for the Status of Crypto in Thailand
The administration of Thailand is getting ready to offer tax exemptions and benefits to cryptocurrency firms that distribute digital and virtual assets. According to Reuter's...
Spain Modifies Tax Model 720 for Declaring Crypto Holdings Abroad
An amendment has been introduced by the Spanish parliament to the tax model 720, which is used for declaration of cryptocurrencies as well as other...
3 Accounting Terms All Business Owners Should Understand
Accounting can be intimidating, and it’s not something that comes naturally to all business owners. This is why most decide to delegate or outsource this...
How to file revised income tax return online
The Central Board of Direct Taxes (CBDT) has extended the due date for filing the Income Tax Returns for FY 2018-19 from July 31, 2020,...
Why GST Registration is Important for Every Business in India?
The Good and Services Tax (GST) is federal tax reform, revolutionizing the Indian tax scenario, which came into effect on 1st July 2017, replacing the...
How to Reduce the Tax Burden of Your Small Business in Dubai?
Setting up a business in Dubai could be one step closer to your dream. Even if it is a small business, with calculated steps and...
Advantages To Working With Tax Accountants
Tax accounting is serious business. Even though there is accounting software that helps people handle their accounting by themselves, tax accountants are not going out...