Tag: tax reporting
Navigating the new era: Understanding the IRS’s final digital asset regulations
On June 28, 2024, the IRS released the much-anticipated final regulations for digital asset brokers, providing detailed guidance for reporting sales and exchanges of digital assets.
Singapore’s latest CRS e-Tax guide update: What SGFIs need to know
The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.
The US-Hungary Tax Convention Termination: Unpacking its Implications for Financial Institutions
The US Treasury recently made a significant announcement concerning its diplomatic ties with Hungary. On 8 July 2022, the United States notified Hungary that...
What is the current state of crypto tax reporting?
Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.
Crypto tax solution CoinLedger nets $6m
Tax reporting solution for digital assets CoinLedger has netted $6m in funding, as it looks to scale its team.