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tax

Trust Wallet Introduces2

Trust Wallet introduces tax tool for Coinpanda, Cointracker, and Koinly

Non-custodial crypto wallet Trust Wallet has partnered with Coinpanda, Koinly, and Cointracker to offer users a crypto tax reporting feature. Trust Wallet will be integrated into the three platforms to provide a cost-effective and convenient way to generate tax reports. This allows crypto users on decentralized and centralized platforms to comply with crypto tax regulations across several jurisdictions.  The integration follows […]
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Top five CeFi in India

Indian crypto industry calls for tax cuts amid investors’ exodus

India’s local crypto institutions have collectively demanded tax reliefs on crypto investments as investors flocked to foreign exchanges following the unfavorable tax policies imposed on digital asset investments. The local industry is calling on authorities to reduce the TDS rate from the current 1% to 0.1%-0.001% and allow loss offsets. Indian investors flock to international […]
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UK tax regulator welcomes crypto service providers with new tax exemption

United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Majesty’s Revenue and Customs (HMRC) have published legislation defining “designated crypto assets” as qualifying for the investor management exemption (IME) in transactions made from 2022 to 2023. […]
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