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CATEGORY: tax authority

Tax Authority Slated to Become Main Crypto Regulator in Russia
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 17, 2023 02:11

Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service [...]

The post Tax Authority Slated to Become Main Crypto Regulator in Russia appeared first on Crypto Breaking News.

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China Fines Bitmain $3.6 Million for Tax Violations, Report
Author: btcethereumadmin
United States
Source: BTC Ethereum Crypto Currency Blog
Apr 13, 2023 01:20

China Fines Bitmain $3.6 Million for Tax Violations, Report

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices

The post China Fines Bitmain $3.6 Million for Tax Violations, Report appeared first on BTC Ethereum Crypto Currency Blog.

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