tax evasion

Brazil's central bank, Banco Central do Brasil, is taking steps to tighten regulations on the cryptocurrency industry in response to surging cryptocurrency adoption. Crypto imports into Brazil increased by 44.2% between January and August 2023 compared to the same period the previous year, totaling ...

The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents. The administration of Cheongju has requested seven South Korean crypto exchanges to inquire into holdings of thousands of tax evaders, ...

DAC8 will extend the directive's requirements to the entire digital asset sector Service providers within the Eurozone will be required to track transactor data This is how the EU intends to combat illegal activities and tax defaulters The EU Council ...

EU lawmakers plan to require companies related to the storage, trading and investment in digital assets to provide tax authorities a report on the balance sheets of their customers. According to the initiators of the bill, the development of the document is due to the need ...

The government of the Republic of Kazakhstan for 2022 received 3.07 billion tenge (about $7 million) in taxes from miners. The reason, according to local media, is the entry into force of amendments to the Tax Code. According to the republican government, taxes collected ...

According to reports from China, Bitmain, one of the leading mining equipment manufacturers, has been fined 25 million yuan ($3.7 million) by local authorities for tax evasion. The Beijing Office of the State Administration of Taxation imposed the fine on Bitmain Technologies for failing to pay p ...