Tagged: tax

September 22, 2026 @ 2:17 pm By Omar Faridi  |  

Argentina has formally pledged to take part in a worldwide system that will automatically circulate information on cryptocurrency traders and investors, with the first exchanges scheduled no later than September 2029. The commitment, recorded by the OECD’s Global Forum on Transparency and Exchange of Information… Read More

September 14, 2026 @ 8:04 pm By Omar Faridi  |  

South Korea‘s crypto investors have again pressed lawmakers to postpone a long-delayed tax on virtual-asset profits, after a National Assembly petition calling for a two-year grace period cleared the 50,000-signature threshold needed for committee review. Regulatory and finance officials, however, have given little indication that they… Read More

September 10, 2026 @ 12:30 am By Omar Faridi  |  

The United Arab Emirates (UAE) has set a clearer path for companies that take digital assets in the course of trade. The Federal Tax Authority has published Directive on Tax Transactions No. 3 of 2026, which tells taxable persons exactly how to turn cryptocurrency consideration… Read More

September 8, 2026 @ 12:35 pm By Omar Faridi  |  

Sweden’s tax authority has intensified its scrutiny of cryptocurrency mining operations, issuing substantial additional tax assessments against several firms based in the northern town of Boden. Skatteverket has determined that six companies must pay nearly 540 million kronor—roughly 56 million dollars—in back taxes after concluding… Read More

August 31, 2026 @ 5:37 pm By Omar Faridi  |  

On-chain records show that potentially taxable cryptocurrency activity worldwide exceeded $457 billion in 2025, according to analysis from Chainalysis. The United States accounted for the single largest national total, about $112.6 billion. Significant volumes appeared in every other country examined as well. The figures combine… Read More

August 15, 2026 @ 9:13 pm By Omar Faridi  |  

France’s tax administration has acknowledged a cybersecurity incident that allowed unauthorized access to sensitive taxpayer records. The breach, which occurred in late June 2026, involved the extraction of personal and financial data belonging to both individuals and businesses. The French Ministry of the Economy and… Read More

May 11, 2026 @ 9:18 pm By Omar Faridi  |  

Australian authorities are preparing to outline revisions to the capital gains tax (CGT) system as part of the forthcoming federal budget. These adjustments, while often framed around residential property, are expected to extend across a wide range of investment classes—including cryptocurrencies and other digital assets—potentially… Read More

April 23, 2026 @ 11:12 am By Omar Faridi  |  

Digital asset exchange Kraken revealed it issued more than 56 million Form 1099-DA tax documents to the IRS for the 2025 tax year. The vast majority of these filings—nearly one-third for transactions under $1, over half for $10 or less, and three-quarters below $50—highlight how… Read More

April 12, 2026 @ 2:40 am By Omar Faridi  |  

UK’s Starling Bank noted in a blog post that sole traders are increasingly relying on artificial intelligence to handle tax and accounting queries. According to fresh research from UK digital bank Starling, these AI focused trends are impacting the broader financial service sector as well…. Read More

March 22, 2026 @ 5:52 pm By Omar Faridi  |  

Brazil’s Finance Ministry has suspended plans for a public consultation on cryptocurrency taxation, marking a deliberate shift by the country’s newly appointed economic leader ahead of this year’s high-stakes presidential vote. Dario Durigan, who assumed office just days ago, is recalibrating the government’s approach to… Read More

February 26, 2026 @ 3:17 am By Omar Faridi  |  

Online pension provider PensionBee is drawing attention to seemingly pressing challenges in US retirement planning while offering practical solutions. With dormant accounts multiplying and many savers disconnected from their savings, the Fintech company emphasizes proactive steps—especially during tax season—and highlights investment tools like the SPY… Read More

January 23, 2026 @ 3:43 pm By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) has agreed to acquire Fintech firm Brex, a key player in business financial services, in a deal valued at $5.15 billion. Announced on January 22, 2026, this transaction combines cash and stock on a roughly equal basis and is… Read More

January 20, 2026 @ 12:25 am By Omar Faridi  |  

UK’s digital bank Monzo has made several announcements to start the new year, from leadership adjustments to innovative customer tools and engaging promotions. In a notable shift driven by shareholder pressure, Monzo has agreed to provide outgoing CEO TS Anil with a more substantial ongoing… Read More

January 15, 2026 @ 6:52 am By Omar Faridi  |  

Ryan, LLC—a provider of tax consulting and software solutions—has revealed a substantial minority equity investment from Neuberger Berman Capital Solutions, in collaboration with funds overseen by Neuberger Berman Private Markets. This partnership positions Neuberger as a major stakeholder, working in tandem with Ryan’s current investors,… Read More

January 11, 2026 @ 3:15 pm By Omar Faridi  |  

Colombia’s tax authority has rolled out enhanced regulations for cryptocurrency transactions, aligning with burgeoning worldwide protocols designed to promote transparency in digital assets. This development comes at a time when nations globally are grappling with the expansion of crypto markets, seeking to integrate them into… Read More

January 6, 2026 @ 8:19 am By Omar Faridi  |  

In recent years, Mexico has embraced digital transformation initiatives in order to overhaul its tax system, introducing measures that enable instantaneous oversight of transactions. This evolution mandates that major online platforms report sales data directly to the country’s Tax Administration Service (SAT) without delay. Companies… Read More

January 5, 2026 @ 6:12 am By Omar Faridi  |  

PwC is significantly expanding its involvement in the cryptocurrency sector following years of measured caution. This strategic pivot comes as the U.S. regulatory landscape becomes more supportive of digital assets, particularly with the enactment of new legislation governing stablecoins. Paul Griggs, PwC’s U.S. senior partner… Read More

January 4, 2026 @ 11:29 pm By Omar Faridi  |  

As of January 1, 2026, a major shift in cryptocurrency regulation has arrived with the implementation of the Crypto-Asset Reporting Framework (CARF), spearheaded by the Organisation for Economic Co-operation and Development (OECD). This initiative mandates that providers of crypto services, along with their clients, disclose… Read More

December 18, 2025 @ 5:52 pm By Omar Faridi  |  

Intuit (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced it has signed a partnership with Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s internet financial platform companies, to accelerate next-generation financial services powered by… Read More

November 7, 2025 @ 3:45 pm By Omar Faridi  |  

Deloitte Tax LLP announced an expanded alliance with Snowflake, the AI Data Cloud firm, in order to transform tax data management solutions. This collab will leverage the strengths of the organizations in an effort to combat cloud modernization obstacles and enable cloud data solutions and… Read More